The National Chamber of Exporters (NCE) of Sri Lanka takes the position that international buyers tend to lose confidence in Sri Lankan exporters due to the ongoing commotion in the country.
The exporters take long and hard years to build creditability in the global market for Sri Lankan products and services, yet now they face a threat of losing such status. It is therefore one of the utmost responsibilities of the policy makers to support this vital sector, to sustain exports, which is currently the only sizable foreign exchange earner to the country, the NCE said in a press release.
The release adds: ‘Sri Lankan exporters have been performing well, overcoming every challenge keeping their heads above water and have managed to sustain a continuous flow of foreign exchange. They have been able to fulfill buyer expectations amidst the ongoing socio-economic turmoil in the country. However, due to various constraints including shortage of fuel and energy the factory operations have been affected badly. It is therefore required to support this industry as an essential service thereby to provide energy and fuel to keep factories running for a smooth operation. Exporters simply cannot lose buyers as it will be an arduous task to find buyers, especially amidst a severe competition by neighboring countries.’
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