The National Chamber of Exporters of Sri Lanka (NCE) said it is pleased on the success of the Government in having the EU lift the ban of fishery product exports. Sri Lanka has been one of the biggest exporters of value added fishery products and related species to the EU,the NCE said. Sea food exports which were severely affected by the ban has continued to decline in volume and value since the announcement of the ban at the end of 2014. Sea food exports from Sri Lanka declined by 35.5% to US$ 163.1 mn in 2015 compared to US$ 252.6 mn in 2014, since the EU accounts for 68% of total fish exports from Sri Lanka as the 2nd biggest exporter of fresh and chilled sword fish and tuna to the EU. The lifting of the ban will boost Sri Lankan exports of fisheries products, thereby contributing to the achievement of national export targets, the NCE said in a release.
The Associated Newspapers of Ceylon Ltd. 19962016.