Trade and Transport Facilitation: Priorities in Sri Lanka
Lanka, Institute of Policy Studies of Sri | March 2015
Sri Lanka has undertaken key initiatives to TRADE FACILITATION facilitate trade and transport, which has helped its ranking among South Asian countries in some of the key trade facilitation (TF) indicators. Despite the recent initiatives, the country still has a lot to do to reach TF levels of Singapore which is cited as the benchmark by policy makers and private sector in the country. This policy brief highlights main findings from the IPS study on ‘Trade and Transport Facilitation Audit in Sri Lanka’. The objectives of the study were to: (i) assess the current status of TF in Sri Lanka; and (ii) to identify priority areas of TF. The main findings are that a majority of the TF measures are noncontentious and can be implemented at a relatively low cost. It is important that Sri Lanka pursues pertinent issues without further delay given that facilitation of trade will be key to Sri Lanka’s growth through expansion of trade, and promotion of FDI.
CitationLanka, Institute of Policy Studies of Sri. 2015. Trade and Transport Facilitation: Priorities in Sri Lanka. © Institute of Policy Studies of Sri Lanka. http://hdl.handle.net/11540/7261.
Access to markets
Regional Trade Integration
Finance And Trade
Demand For Transport
Road & Highway Transport
Road Transportation Systems
New agricultural enterprises
Trade routesShow allCollapse