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Cabinet Approves National Export Development Plan

Cabinet Approves National Export Development Plan

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The Sri Lanka has officially adopted the “Sri Lanka National Export Development Plan 2026–2030” as its strategic framework to strengthen export performance and drive sustainable economic growth.

The plan was proposed under the 2025 Budget as a national priority to enhance export competitiveness. It has been formulated by the Sri Lanka Export Development Board in collaboration with both public and private sector stakeholders connected to the export sector, with technical assistance provided through a policy-based lending programme of the Asian Development Bank.

The framework outlines a comprehensive strategy to guide, monitor, and accelerate Sri Lanka’s export development process, with a key target of generating US$ 36 billion in foreign exchange earnings from goods and services exports by 2030.

The Cabinet of Ministers granted approval following a proposal submitted by the Minister of Industries and Entrepreneurship Development, formally recognizing the plan as the country’s official roadmap for export growth and promotion over the next five years.

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