The research will be conducted for Sri Lanka’s processed food, sustainable fish; sea food and value added textile.
“Sri Lanka has potential to expand the market share by entering into new/untapped markets enjoying the zero-duty market access offered the EU GSP+ Scheme,” a statement from EDB said.
Dominik Furgler, Ambassador for Switzerland in Sri Lanka and Suresh D de Mel, Chairman of EDB signed the MOU on behalf of the respective organizations.
SIPPO will conduct these market research studies through international sector experts to provide first-hand information on market access requirements to the member countries of the European Free Trade Association (EFTA) including Iceland, Liechtenstein, Norway, Switzerland and selected EU countries especially in the Eastern Europe.
The proposed Market Studies will cover the areas of present trade regulations, non-tariff measures & technical regulations, market access requirements, packaging & labelling, quality standards & certifications, trade related environmental & social requirements, pricing, logistics, information on distribution channels and market demand analysis related to each selected sector for the identified markets in the EU Region.
The sectoral market study reports will also include details of main buyers in the identified countries and this will result in Sri Lankan exporters to expand market access and enhance market share in the European region.(Colombo/Dec22/2022)