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Sri Lanka Participates in World Trade Expo 2024 in Mumbai

Sri Lanka Participates in World Trade Expo 2024 in Mumbai

Sri Lanka’s Consulate General in Mumbai is organizing the Sri Lanka Pavilion at the 5th World Trade Expo (WTE 2024). This international trade fair will take place on October 17-18, 2024. It aims to boost business opportunities and economic growth through global networking.

Sri Lanka Participates in World Trade Expo 2024 in Mumbai

WTE 2024 will gather over 30 countries, state governments, and trade bodies. The event will promote bilateral trade, investment, and education. Exhibitors will showcase an export potential of USD 31.8 billion for Indian businesses.

Key sectors include chemicals, pharmaceuticals, motor vehicles, and metal products. Engineering goods, agro, and allied sectors will also be featured. The expo focuses on trade, technology, tourism, and education.

Sri Lanka’s participation will highlight its diverse products and investment opportunities. This aligns with the country’s projected 4.4% economic growth in. The event provides a platform for businesses to explore new partnerships.

Key Takeaways

  • Sri Lanka to participate in the 5th World Trade Expo in Mumbai, India, from October 17-18, 2024
  • Over 30 countries will showcase untapped export potential of USD 31.8 billion for Indian businesses
  • Sectors highlighted include chemicals, pharmaceuticals, motor vehicles, metal products, engineering goods, and agro sectors
  • The event focuses on fostering trade, technology, tourism, and education collaborations
  • Sri Lanka aims to showcase its diverse products and investment opportunities to contribute to its projected 4.4% economic growth in 2024

Sri Lanka Pavilion Showcases Diverse Products and Opportunities

The Sri Lanka Pavilion at the World Trade Expo 2024 in Mumbai showcased the country’s finest products. It highlighted Sri Lanka’s potential for export promotion and investment prospects. The pavilion aimed to strengthen ties between Sri Lanka and India.

Ceylon Spices, Coconut Products, and Dehydrated Fruits on Display

Visitors enjoyed a sensory experience at the Sri Lanka Pavilion. They savored the aroma of Ceylon spices and tasted delicious coconut products. The display also featured vibrant dehydrated fruits.

  • Ceylon cinnamon, pepper, and cardamom
  • Coconut oil, coconut water, and desiccated coconut
  • Dehydrated mango, pineapple, and papaya
  • Ceylon tea

Ceylon spices export promotion

Four Sri Lankan Companies Introduce New Value-Added Products to Indian Market

Four innovative Sri Lankan companies showcased new value-added products for the Indian market. This move strengthened investment prospects and bilateral relations.

Company Product
Cinnamon Exports Ltd. Cinnamon-infused chocolate
Coconut Delights Pvt. Ltd. Coconut milk powder
Cocoa Innovations Cocoa butter lotion
Tropical Fruits Co. Dehydrated fruit and nut mix

These companies show Sri Lanka’s dedication to value addition and product diversification. They create exciting investment opportunities for Indian businesses. Sri Lanka aims to boost its exports and become a key global market player.

World Trade Expo 2024 Highlights Opportunities for Collaboration

Mumbai hosted the fifth World Trade Expo from October 17-18. The event promoted bilateral trade among 37 countries. It aimed to boost India’s trade with developing nations in Africa, Asia, and Latin America.

Over 100 exhibitors showcased trade and investment opportunities. The Expo focused on green energy and innovation. This aligns with India’s goal of net-zero carbon emissions by 2070.

Maharashtra plans to increase its solar power capacity significantly. By 2025, it aims to reach 12,930 MW from the current 5,080 MW.

World Trade Expo Focuses on Trade, Technology, Tourism, and Education

The Expo offered a platform for various sectors. These included trade, technology, tourism, and education. Participants explored untapped export potential worth USD 117 billion.

They engaged with 30 countries and regions at the event. This interaction opened doors for new business opportunities.

Region India’s Total Merchandise Trade India’s Exports India’s Imports
Participating Regions 28% 35% 24%

Over 30 Countries and Trade Bodies Facilitate Bilateral Engagement

Representatives from over 30 countries attended the Expo. Various trade bodies also participated. This gathering fostered cross-border collaborations and bilateral engagements.

India’s existing trade agreements provided a strong foundation. These agreements involve countries like Malaysia, Sri Lanka, and South Korea. ASEAN nations such as Indonesia, Vietnam, and Thailand were also included.

Platform for MSMEs, Women Entrepreneurs, and Startups to Explore Collaborations

The Expo offered opportunities for various business groups. MSMEs, women entrepreneurs, and startups explored potential partnerships. They connected with global counterparts and learned about technology transfers.

Emerging African economies presented promising business prospects. These included Ghana, Ethiopia, Kenya, Uganda, and South Africa. They offered opportunities in manufacturing, agriculture, and services.

The Expo aimed to foster cooperation in various fields. These included food security, energy, sustainable development, and space science. Digital economy, education, and skill development were also key focus areas.

Conclusion

The World Trade Expo 2024 in Mumbai ended successfully, fostering future collaboration between Sri Lanka and India. It provided a platform for networking and exploring new business opportunities. Participants established valuable connections across various sectors.

Sri Lankan companies displayed diverse products and services, catching Indian businesses’ attention. The expo revealed potential for bilateral trade and investment. Opportunities spanned industries like spices, coconut products, and dehydrated fruits.

Sri Lanka’s recovery from COVID-19 is aided by initiatives like the visa-free entry program. Enhanced air connectivity with countries like Pakistan will boost tourism and economic growth. The expo acted as a catalyst for partnerships and economic progress.

Sri Lankan businesses are now ready to use their new connections and opportunities. The event created a strong base for future collaborations. Economic ties between the two nations are set to grow significantly.

Sri Lanka Updates School Curriculum for Grades 6-13 in 2024

Sri Lanka Updates School Curriculum for Grades 6-13 in 2024

Sri Lanka’s Education Ministry is revamping the curriculum for grades 6-13 starting in 2024. This update aims to modernize learning and improve academic standards. The goal is to prepare students for future challenges.

Artificial Intelligence will be an optional subject from grade 8 onwards. This will complement existing IT courses. The government is also seeking approval for a new policy on digital education.

Sri Lanka boasts a 94.5% adult literacy rate and gender parity in education. However, challenges like unemployment (4.5%) and limited internet access (40%) persist. The curriculum update focuses on digital skills to boost youth employability.

Education Ministry Announces Curricula Update for Grades 6-13 from 2024

The Education Ministry plans to modernize the K-12 curriculum starting in 2024. This update aims to improve student learning and prepare them for future challenges. The reforms will focus on critical thinking, creativity, and digital literacy.

The government has secured a $100 million credit agreement with the World Bank. This funding will help develop digital learning materials for English and Mathematics. These subjects are key to the country’s economic growth.

Artificial Intelligence (AI) to be Introduced as Optional Subject from Grade 8

AI will become an optional subject for students from Grade 8 onwards. This addition will allow students to explore this new field alongside traditional IT subjects. Students will gain skills needed for our technology-driven world.

Cabinet Approval Sought for Education Digitization Policy

The government is seeking Cabinet approval for an education digitization policy. This policy will guide the changes in the education sector. It aims to provide all students with quality digital learning resources.

Sri Lanka is committed to offering world-class education that meets global standards. The reforms focus on helping disadvantaged regions and key subjects. These changes will boost student learning and support long-term economic growth.

Addressing Challenges in Sri Lanka’s Education System

Sri Lanka’s education system boasts impressive youth literacy rates and free public education. However, it faces challenges in quality, equity, and relevance. Only 23,000 out of 220,000 students enter state universities annually. This leads many to seek education abroad.

Comprehensive reforms are needed to address these issues. The Education Ministry plans to update curricula for Grades 6-13 from 2024. These reforms should focus on key areas.

Ensuring Quality, Equity, and Relevance in Education

Modernizing curricula is crucial for high-quality, relevant education in the 21st century. This includes adding subjects like AI and emphasizing critical thinking skills. Enhancing teacher training is also essential.

Educators need skills to deliver effective instruction and adapt to new curricula. This will help ensure students receive the best possible education.

Integrating Technology and Bridging the Educational Divide

Technology integration is vital to provide equal opportunities for all students. Sri Lanka received a $100 million World Bank loan for STEM enrollment expansion. More investments are needed for digital resources in schools.

The ongoing economic crisis has worsened these challenges. Low investment in education has led to neglect of quality development. The government plans to prioritize human capital development.

They aim to invest about 3 percent of GDP to drive change in education. This investment will help prepare students for success in the global economy.

Proposed Reforms for Primary and Secondary Education

Sri Lanka plans to reform primary and secondary education. These changes aim to improve learning quality and relevance. Students will gain skills needed for success in today’s world.

Revising Curricula to Emphasize Critical Thinking and Creativity

The Education Ministry is updating curricula for all grades. The focus will be on critical thinking, creativity, and problem-solving. Students will learn to apply knowledge in real-life situations.

The Aesthetic Education Curriculum is also getting a makeover. Art, Music, Dance, and Drama will nurture artistic skills. Students will develop creative expression and cultural appreciation.

Promoting English Learning and STEAM Education

English learning will be a priority across all grades. This recognizes its importance in the global economy. STEAM education will be part of the curricula too.

STEAM develops scientific literacy, tech skills, and innovation. By 2025, all schools will become smart schools with digital resources. A STEEAM education system will be in place.

Ensuring Digital Integration in All Schools

By 2040, all schools will have high-speed internet and digital devices. Teachers will be trained to use these tools. This will help bridge the education gap.

Students will access online resources and interactive platforms. The government will provide free transport for teachers. Each school will have a trust fund for sustainability.

Restructuring Examinations for Holistic Assessment

The exam system will change to reduce student stress. Instead of memorization, tests will assess understanding and problem-solving. Continuous assessment will provide a more complete picture of student learning.

Girl students in Grades 6-13 will receive monthly cash for menstrual products. This shows the government’s commitment to student well-being.

These reforms aim to transform education in Sri Lanka. They focus on critical thinking, creativity, and digital skills. New initiatives like VSSL and vocational colleges will prepare students for future challenges.

Curricula of Grades 6–13 to Be Updated from 2024, Announces Education Ministry

Sri Lanka’s Education Ministry plans to update curricula for Grades 6-13 starting in 2024. This update aims to create an equitable and innovative education system. The reforms seek to enhance educational outcomes and foster economic growth.

The 2024 budget allocates Rs. 237 billion for educational initiatives. An additional Rs. 280 billion is designated for education at the provincial level. The total education budget for 2024 is approximately Rs. 517 billion.

These funds will support various programs, including teacher recruitment for estate schools. A special program for early childhood development will target children aged 3-5.

The reforms plan to introduce inclusive education for children with special needs. It aims to conduct GCE O/L in Grade 10 and GCE A/L in Grade 12. Students will gain formal access to STEAM education fields.

The Ministry plans to establish a training University in Kotagala. This will prepare students for plantation work. They’ll collaborate with NGOs to expand education programs.

These changes will prepare the next generation for 21st-century challenges. They’ll contribute to national development and global competitiveness. Sri Lanka is working towards a progressive and inclusive educational future.

FAQ

What changes are being made to the curricula of Grades 6-13 in Sri Lanka?

Sri Lanka’s Education Ministry plans to update the curriculum for grades 6-13 starting in 2024. The reforms aim to boost critical thinking and creativity. They will integrate subjects like English, STEAM education, and Artificial Intelligence.

When will the updated curricula be implemented?

The Education Ministry will implement the new curricula for Grades 6-13 in 2024.

What new subjects will be introduced in the updated curricula?

Artificial Intelligence (AI) will be an optional subject from Grade 8 onwards. Students can study AI alongside information technology subjects.

What is the government’s plan for the digitization of education?

The government seeks Cabinet approval for a policy on education digitization. This policy will guide educational transformation processes.

Schools will receive high-speed internet and digital devices. Teachers will be trained to support digital learning.

How will the proposed reforms address the challenges faced by Sri Lanka’s education system?

The reforms aim to improve quality, equity, and relevance in education. They will modernize curricula and enhance teacher training.

The government plans to invest about 3 percent of GDP in education. This investment will drive transformative change in the sector.

What changes are being made to the Aesthetic Education curriculum?

The Aesthetic Education curriculum is being redesigned to develop 21st-century skills. It will include subjects like Art, Music, Dance, and Drama.

The new curriculum will focus on Artistic Perception and Creative Expression. It will also cover Historical & Cultural Context and Aesthetic Appreciation.

How will examinations be restructured under the proposed reforms?

Examinations will be restructured to reduce stress and promote holistic assessment. The focus will shift away from memorization and rote learning.