Sri Lanka, Jan. 20 -- The US$ 13.5 billion export target set for merchandise export sectors in early 2020 remains challenging, requiring not only strong efforts from local enterprises, but also the recovery of global demand amid complicated Covid-19 situation. Amid severe impacts of the Covid-19 pandemic, Sri Lanka's merchandise exports remain at US$ 9.9 billion in 2020, which is a 104 % achievement from the revised forecast of US$ 9.5 billion.
Export Development Board (EDB) Chairman Suresh De Mel said; "Amidst the outbreak of COVID-19, a notable rebound of the export sector was recorded from mid - 2020 with the proactive measures introduced by the Government.
The growth in exports was not only due to the effective prevention and control ...