The EU-Sri Lanka Trade-Related Assistance Project is funded by the European Union (EU). The project started in November 2016 with a budget of EUR 8 million. It is implemented by the International Trade Centre (ITC) and the United Nations Industrial Development Organisation (UNIDO). The project has been designed and is managed jointly with the Government of Sri Lanka, in collaboration with the Sri Lankan Department of Commerce (DoC).
Overall objective: Contribute to Sri Lanka’s inclusive trade-led growth and regional integration, thereby contributing to poverty alleviation.Specific objective: Increase trade competitiveness of Sri Lankan SMEs in regional and EU markets.The project provides trade capacity building and technical assistance, with a strong focus on training and skills development. Women are heavily involved in trade and are therefore a target group when it comes to capacity building of SMEs and exporters.
Expected Result 1: Coherent trade strategy for export competitiveness designed and implemented, including policies, regulatory reforms and trade negotiations as shaped by the WTO, regional integration process, EU GSP+ scheme:
Expected Result 2: Enhanced efficiency of cross-border procedures and SMEs’ capacities to comply with cross-border procedures for exporting to SAARC and EU:
Expected Result 3: Improved compliance and quality infrastructure services to meet quality and SPS requirements in the regional and EU markets:
Expected Result 4: Increased SME competitiveness in export-oriented sectors (spices, food and ITO/BPO industry):
Direct beneficiaries of the project are Sri Lankan SMEs particularly in the spices, food and IT/BPO sectors. Final beneficiaries are men and women - including youth - employed in export-related industries. Beneficiaries and partners also include main Government Ministries and public institutions, the private sector, and Trade and Investment Support Institutions (TISIs).