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Saturday December 4th, 2021
Economy

More Sri Lankan firms becoming exporters: ITC

ECONOMYNEXT – More Sri Lankan companies have ventured into exports in the past 10 years, according to a survey done by the International Trade Centre, its Executive Director Arancha Gonzalez said.

Events like the World Export Development Forum help companies establish business contacts and gain confidence, she told a news conference at the closing session of the forum.

She said the ITC had done a survey of Sri Lankan firms in 2010.

“Many firms told us – especially small ones – that they were not part of international trade,” Gonzalez said.

“But when we surveyed them again in 2016, a good 56 percent said they had done international trade, and thanks to that they had diversified their countries ad products,” she said.
 
“If this is a first-time exporter, it means you have helped break the psychological barrier in making the first external transaction”
(COLOMBO, Oct 13, 2016)
 

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