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)

Latest Comments

Your email address will not be published. Required fields are marked *