The EU-Sri Lanka Trade-Related Assistance project aims to increase the trade competitiveness of Sri Lankan Small and Medium Size Enterprises (SMEs) in regional and European Union (EU) markets.
The 4-year EU funded project, worth EUR 8 million, contributes to Sri Lanka’s inclusive trade-led growth and regional integration. It supports SME export competitiveness and value addition in sectors with high potential for economic growth and development.
The project addresses compliance standards and efficiencies in cross border procedures, which are key constraints to market access, especially for SMEs. Specific attention is given to enhancing value chains in the spice, food and Information Technology/Business Process Outsourcing (IT/BPO) sectors.
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.
Below are the four project Expected Results.