Home / Business/ Interactive session on WTO Trade Facilitation Agreement and relevance for Sri Lankan businesses

Interactive session on WTO Trade Facilitation Agreement and relevance for Sri Lankan businesses


Comments / {{hitsCtrl.values.hits}} Views / Monday, 29 August 2016 00:01


The International Chamber of Commerce of Sri Lanka (ICCSL) is organising a special Interactive Session on the ‘WTO Trade Facilitation Agreement and its relevance for Sri Lankan Businesses’. The session is scheduled to be held on 30 August from 2:30 p.m. onwards at Lakshman Kadirgamar Institute of International Relations and Strategic Studies at Horton Place, Colombo.

Several senior trade officials and experts on the subject are lined up to deliver presentations at the event. Amongst them are, Sri Lanka’s Permanent Representative to the WTO in Geneva Ambassador R.D.S. Kumararatne who will take part as the Resource Person. Additionally, Department of Commerce Director General Sonali Wijeratne, Department of Customs Additional Director General S. Rajendran and Shippers Academy Sri Lanka CEO Rohan Masakorala will be representing the Private Sector. International Chamber of Commerce Sri Lanka Chairman Keerthi Gunawardena will conduct the welcome remarks.

The WTO Trade Facilitation Agreement and its protocol towards Sri Lankan businesses, the need for the WTO Trade Facilitation Agreement, its benefits to local businesses, current initiatives to improve Trade Facilitation in Sri Lanka and pending issues faced by Sri Lanka businesses etc. will come under discussion at this seminar.

Trade experts are of the opinion that the implementation of the Trade Facilitation Agreement will bring positive results, to small economies such as Sri Lanka to improve their competitiveness in the global market and to attract foreign direct investment through application of simplified border control measures in supporting trade.

Sri Lanka became the 81st member to ratify a Trade Facilitation Agreement with the World Trade Organisation to improve competitiveness in the global market. Sri Lanka’s Permanent Representative to the WTO in Geneva Ambassador R.D.S. Kumararatne presented the Instrument of the Protocol on Trade Facilitation to WTO Director General early June this year. Once the two-third (108) of the current membership deposits its Instruments of Acceptance, the Agreement will come into effect.

Participation in the program will be limited and will be strictly on prior registration basis. Interested persons can contact the ICCSL Secretariat for Registration on 0112-307841.

 


Share This Article


DISCLAIMER:

1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.

COMMENTS

Today's Columnists

STEAMing STEM – Moving from horoscopes to telescopes!

Thursday, 20 September 2018

Walking into an inventors’ exhibition should give one an experience similar to an immersion into the future. The world change with inventions and inventors lead the change. The creativity displayed is an indicator of the creativity of the society f


There is smoke in the eyes of those who do not want to see!

Thursday, 20 September 2018

Shyamon Jayasinghe, a former citizen of Sri Lanka, now living in Victoria, Australia, writing to Daily FT in a Guest Column article has given an old college try at the President of Sri Lanka by announcing about a cloaked portentous writing on the wal


Modi celebrates birthday whilst making India strong – Lesson for SL

Thursday, 20 September 2018

The Indian Prime Minister celebrated his birthday earlier this week in the backdrop of India growing at a blistering performance of 7.1%. The January-March quarter saw the highest GDP growth in the last seven quarters with India becoming the sixth la


Maximum Residue Level: Dilemma of agricultural product exporters in Sri Lanka

Wednesday, 19 September 2018

Due to increased emphasis on consumer health, majority of developed countries such as EU, Japan and the US insist on MRL testing of food items which has to be done by the exporter. The Codex Alimentarius Commission which is an inter-governmental bod


Columnists More