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Sri Lanka Progress Report - 12-08-2018

  1. The Government will offer a Rs. 1 billion tea replanting subsidy this year to increase tea plantations and encourage planters.

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  2. Chairperson of Export Development Board says Sri Lanka is on course to reach the 2018 export target of US$ 17.5 billion set up by the government. The government has also set up an export target of US$ 20 billion revenue for 2019 and 23 billion for 2020 end.

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  3. Prime Minister launched a program to empower women socially, economically, and politically and make them contribute to the government's development drive. A workshop was held at Temple Trees under the patronage of the Prime Minister to educate 2,000 women on the "Dhanabhimani" Program.

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  4. The Ministry of Youth Affairs facilitated a 15-day nationwide campaign from the 12th to the 26th of August 2018 to celebrate the International Youth Day and empower the youth. The main celebration of the international youth day and the exhibition held in Colombo (August 12) under the guidance of the Youth Affairs Ministry.

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  5. Trincomalee will become Sri Lanka’s ‘Eastern Gateway’ and will be remodelled as a hub for tourism, exports and logistics under a master plan for the district done by Singapore’s urban planning firm Surbana Jurong Consultants Pvt Ltd. The master plan adopts a ‘B.L.U.E. (biodiversity, liveability, uniqueness, economy) urbanism’ planning approach.

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  6. Global travel giant Airbnb and the Sri Lanka Tourism Development Authority (SLTDA), the national tourism ministry, announced a strategic partnership to launch Airbnb Experiences in Sri Lanka and drive local, authentic and sustainable tourism across the country. This is the first agreement Airbnb entered into with a state tourism entity in Asia.

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  7. Sri Lanka’s apparel industry is negotiating with Korea and Indonesia to buy fabric to secure a complete duty waiver exporting to the European Union (EU) under the GSP + concessions. Fabrics from Korea and Indonesia are said to be of a higher quality and purchasing from these countries would help Sri Lanka obtain a complete waiver of the duty concessions under the GSP + trade with the EU.

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