Pioneering work
on the new country program for Sri Lanka 2020-'24 of the United Nations
Organization for Industrial Development (UNIDO) commences in Colombo. "UNIDO
activities have a long history of developing the industrial value chain and
enhancing Sri Lankan products ' quality infrastructure. The new country program
based on Sustainable Development Goals related to industry and innovation
called the SDG 9 framework, "Nawaz Rajabdeen, National Director of Focal
Point, Sri Lanka, said on January 23.
UNIDO National
Director Rajabdeen addressed the work on the new UNIDO Sri Lanka Country
Program 2020-2024 (UNIDOSLCP) on 24 January with the UNIDO high-level UNIDO team
visiting Colombo. Ralf Bredel, Head of the Asia Pacific-UNIDO Regional Division
Vienna International Centre, Senior Research and Industrial Policy
Officer-UNIDO Vienna International Center Dr. Anders Isaksson and UNIDO
Representative Rene Van Berkel, Regional Office-India, are now in Colombo to
formulate UNIDOSLCP ' 20-'24.
' The
formulation of the new industrial policy of Sri Lanka focused on the demands
and requirements of local industries, the implementation of green concepts and
industrial health are the pillars of the current UNIDOSLCP ' 20-'24 '' said
UNIDO Representative Rene Van Berkel, Regional Office-India and added: ' This
is a major support for the Sri Lankan industry sector since the last country
program successfully closed in 2015. The new program is Sri Lanka's first such
program involving inclusive and sustainable industrial development."
"World countries are developing their development programs around the UN
Sustainable Development Goals (SDGs).
The ' SDG 9
system ' is the business-related SDG, and the latest UNIDOSLCP ' 20-'24
research will produce with SDG 9 in mind and local industry needs, "said
Asia Pacific-UNIDO Vienna International Center Chief of Regional Division Ralf
Bredel, adding:" SDGs are the global targets for our survival. With SDG 9
Framework, Sri Lanka will begin to integrate the best practices in the
international industry. "UNIDO National Director Rajabdeen stressed the
success of numerous UNIDO programs and their contribution to the Sri Lankan
economy.
"Including
many UNIDO interventions here, Strengthening SMEs ' Trade Competitiveness,
Bamboo Processing, Cinnamon Value Chain Mapping and PCB Waste Environment
Management are four major UNIDO projects that have strengthened local
industries. The new UNIDOSLCP ' 20-'24, whose work begins on 24 January, will carefully
examine the needs of local industries and initiate focused initiatives for
these industries. We expect all local industry reviews to be finalized by May
2020.
OSL Take: The
large business delegation visiting the UK to boost trade ties with other
Commonwealth nations as well as Sri Lanka’s close working relationship with the
Commonwealth Secretariat where it receives technical assistance when preparing
free trade agreements (FTAs) indicates a strong position held by Sri Lanka in
the Commonwealth.
It would work to
boost the interest of businesses/investors in Commonwealth nations to explore
opportunities in Sri Lanka. Also, businesses/investors outside the Commonwealth
interested to engage in business with Commonwealth nations could use Sri Lanka
as a base to carry out their activities.
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