The High Commission of Canada last week announced a partnership between Trade Facilitation Office Canada (TFO Canada) and the Export Development Board (EDB) of Sri Lanka aimed at enhancing the latter’s capacity to assist small and medium Sri Lankan exporters.
The High Commissioner of Canada, Her Excellency Shelley Whiting, commented that “through this agreement, TFO Canada will work with the EDB to strengthen and build capacity of SMEs in Sri Lanka, a key, if not essential, driver of economic growth” The High Commissioner added that “it will support Sri Lankan efforts to harness Sri Lanka’s economic potential well into the future.”
The partnership between the TFO Canada and EDB will offer various benefits for Sri Lankan exporters, including increased access to information about the Canadian market. It will also increase connectivity between Canadian importers and associations with Sri Lankan exporters; capacity building of the EDB including Canadian market familiarization tours, market entry study and training programs. It is envisaged that the two institutions will harmonize their efforts to increase bilateral trade between Sri Lanka and Canada.