NCE congratulates Government and EDB for timely intervention on US tariffs

Tuesday, 22 April 2025 03:14 - - {{hitsCtrl.values.hits}}

The National Chamber of Exporters of Sri Lanka (NCE) yesterday extended its heartfelt congratulations to the Government of Sri Lanka and the Sri Lanka Export Development Board (EDB) for their timely and effective intervention in addressing the imposition of tariffs on Sri Lankan exports by the United States.

“This decisive engagement at both diplomatic and institutional levels is a commendable demonstration of the Government’s dedication to safeguarding the national interest and protecting the livelihoods of thousands of Sri Lankan exporters and their employees. The coordinated efforts of the Foreign Affairs Ministry, Industries Ministry, and the EDB in engaging US authorities and trade counterparts have helped to ensure that Sri Lanka’s reputation as a responsible and ethical trading partner remains intact,” NCE said.


NCE President Indhra Kaushal Rajapaksa	NCE Secretary General and CEO Shiham Marikar

NCE President Indra Kaushal Rajapaksa, emphasised the importance of maintaining ongoing discussions with US counterparts. “While the current grace period of three months offers some breathing space, it is imperative that we sustain strong engagement to ensure Sri Lanka does not become subject to any form of tariffs once this window closes. Additionally, we must explore strategic opportunities to reposition our exports to fill the gaps created by the tariffs imposed on China. This is a critical moment to strengthen Sri Lanka’s footprint in the US market.”

NCE Secretary General and CEO Shiham Marikar said: “We are thankful to the Export Development Board for maintaining regular communication with trade chambers during this period. Their consistent updates and efforts to gather input from our members have been invaluable in ensuring that our collective voice is heard in policymaking and international negotiations.”

The United States remains one of Sri Lanka’s most significant trading partners, particularly in sectors such as apparel, rubber-based products, ICT, coconut products, and food and beverages. Any disruption through tariffs could pose a serious challenge to export-led growth. The proactive approach taken by the Government and the EDB has helped to pre-empt such a scenario, while reinforcing confidence in Sri Lanka’s trade diplomacy. As the apex body representing the export community, the NCE reiterates its full support to the Government and relevant authorities in any future negotiations or strategic planning initiatives. The Chamber is committed to working closely with all stakeholders, including the private sector and international partners, to ensure Sri Lanka not only maintains market access but also capitalises on emerging trade opportunities.

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