The Exporters Association of Sri Lanka says it welcomes and commends the significant progress achieved in the trade negotiations between Sri Lanka and the United States, which have led to a reduction in tariffs on Sri Lankan exports to the U.S. market, now lowered to 20%.
Issuing a statement, the Association expressed its sincere appreciation to the Government of Sri Lanka and, in particular, the dedicated efforts of the negotiation team led by Finance Ministry Secretary, Harshana Suriyapperuma.
“This achievement reflects the strategic foresight, persistence, and professionalism of the team in navigating a complex international trade environment to secure more favourable terms for Sri Lankan exporters,” it said.
The Exporters Association of Sri Lanka also extended its gratitude to the Ambassador of Sri Lanka to the United States, Mahinda Samarasinghe, for his steadfast diplomatic support and engagement, which have been instrumental in advancing these discussions and building stronger bilateral trade relations.
The Association said this development is a timely and much-needed boost for Sri Lankan exporters, enhancing their competitiveness in a key global market and contributing to the broader recovery and growth of our national economy.
“We look forward to continued dialogue with the Government to ensure that the momentum gained is sustained and that further trade facilitation measures are pursued to strengthen Sri Lanka’s export sector,” the Exporters Association of Sri Lanka added. (Newswire)