Second Meeting of the Export Development Council of Ministers Chaired by the President

COLOMBO (News 1st): The second meeting of the Export Development Council of Ministers (EDCM) was held yesterday (12) under the patronage of President Anura Kumara Dissanayake at the Presidential Secretariat.

The discussions focused on reviewing the decisions taken at the previous meeting, addressing challenges in achieving the Government’s target of increasing export earnings to USD 36 billion by 2030, and identifying potential solutions and considering related proposals.

The President’s attention was drawn to several vital aspects related to the development of the export sector, including the advancement of the gem and jewellery industry, the installation of a new scanning machine to improve customs efficiency, the pharmaceutical export industry, poultry meat exports, the development of tea exports, spice exports, the Export Hub concept, the development of the Trincomalee Port, the promotion of export-related investments, the supply of raw materials to the electronic export sector, entering into new tariff agreements and matters related to tariff structures.