Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

» Stocks don’t go up and stay up because of stories, tips, or people’s opinions
by asokasamarakone Yesterday at 8:29 pm

» #PM Crisis#
by Ryan Hudson Yesterday at 2:18 pm

» FINANCIAL INSTITUTIONS IMPAIRMENT COST
by Yahapalanaya Sat Dec 08, 2018 11:10 pm

» @RANFERDI, YAhapalan, In which list are you? Puravesi Lithro List, or Kiriella List or other list
by Ryan Hudson Sat Dec 08, 2018 6:50 pm

» MONTH PEACE & HAPPINESS
by Ryan Hudson Sat Dec 08, 2018 6:40 pm

» ඔරියන්ට් ෆ්යිනැන්ස් -විකිනීම ස්තිරයි - අද ද අයිලන්ඩ් පුවත් පත බලන්න 2020 වෙනකම් පුලුවන් නම් තියා ගන්න - අදහා ගන්න බැරි ආදායමක් ලබන්න
by ruwan326 Fri Dec 07, 2018 11:11 pm

» JINS NO DEAL YET - BFN IS ON AND POSITIVE -CHECK THE COMPNAY ANNOUNCEMENT CAREFULLY - NO NOTHING ABOUT BFN
by kalu351 Fri Dec 07, 2018 10:03 pm

» Will ALHP be eliminated from the CSE?
by wisdom79 Fri Dec 07, 2018 8:41 pm

» Is TKYO.N0000 a Sleeping Giant
by aklt Fri Dec 07, 2018 7:52 pm

» FINALY – BFN – TAKE OVER NEWS IS OUT OFFICIALY -DONT SELL BELOW 20 TRY TO BUY AT CURRENT 15-17 LEVELS
by Equity Suda Fri Dec 07, 2018 12:57 pm

» Market will RISE expecting a MR Led new government
by samaritan Fri Dec 07, 2018 8:43 am

» ##FUN TOONS###
by ruwan326 Fri Dec 07, 2018 8:21 am

» CROSSINGS TODAY
by ruwan326 Fri Dec 07, 2018 8:04 am

» FOREIGN NEWS
by ruwan326 Fri Dec 07, 2018 8:03 am

» Daily Foreign Transactions
by ruwan326 Fri Dec 07, 2018 8:02 am

» PLAYERS PICK OF THE DAY
by ruwan326 Fri Dec 07, 2018 7:39 am

» JINS – LIFE FOR SALE – ALONG WITH BFN - BUY BUY BUY
by kalu351 Thu Dec 06, 2018 2:49 pm

» JINS – DON’T BUY BEYOND 30 – DEAL IS AT 30 BFN - BUY BELOW 22 – DEAL IS AT 25
by kalu351 Thu Dec 06, 2018 2:47 pm

» EQUVITY BROKERS AND BARTLEETS COLLECTING BFN -DONT SELL
by kalu351 Thu Dec 06, 2018 2:45 pm

» BFN DONT SELL EVEN AYT 17 COLLECT NOW - PRICE IS 25
by ruwan326 Thu Dec 06, 2018 8:13 am

» JINS – LIFE FOR SALE – ALONG WITH BFN
by ruwan326 Thu Dec 06, 2018 7:54 am

» how about mgt
by sanjulanka Thu Dec 06, 2018 6:52 am

» PRICES BFN – NOW 15.30 / JINS 26.60 /LOFC 3.6 / UBC 11 BUY BUY BUY
by sanjulanka Wed Dec 05, 2018 11:54 pm

» JINS JINS JINS - UP UP UP NOW 23.50 - NEXT IS BFN BFN
by sanjulanka Wed Dec 05, 2018 11:52 pm

» DIVIDEND ANNOUNCEMENTS- OCT/NOV
by thankrishan Wed Dec 05, 2018 10:46 am

» Financial Reports Q-3 2018
by ruwan326 Wed Dec 05, 2018 9:14 am

» CSE THIS WEEK
by samaritan Wed Dec 05, 2018 9:12 am

» Business Sentiment – Index Shores Up Despite Turmoil
by ruwan326 Wed Dec 05, 2018 7:57 am

» PRICES BFN – NOW 15.30 / JINS 26.60 /LOFC 3.6 / UBC 11 BUY BUY BUY
by nirowat Tue Dec 04, 2018 7:55 pm

» INSURANCE companies artifically high
by nosf766 Tue Dec 04, 2018 2:29 pm

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » World Bank and Dept. of Commerce elevate Sri Lanka int’l trade to global info platform

World Bank and Dept. of Commerce elevate Sri Lanka int’l trade to global info platform

Go down  Message [Page 1 of 1]

ruwan326

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Sri Lanka will unveil one of the biggest initiatives in its international trade history when the Department of Commerce launches the World Bank supported Sri Lanka Trade Information Portal (SLTIP) on 20 July in Colombo.
“Our business community and other stakeholders will be provided with a useful tool to find the information necessary to facilitate their import-export activities” said the Minister of Industry and Commerce Rishad Bathiudeen on 19 July addressing his top officials on the scheduled launch on 20 July.
Sri Lanka’s TIP is to be unveiled on the morning of July 20 at Kingsbury Hotel jointly by Minister Bathiudeen, (HE) Australian High Commissioner Bryce Hutchesson, World Bank Senior Trade Specialist Marcus Bartley Johns and many top officials from the government. It is hosted by the Department of Commerce in collaboration with the National Trade Facilitation Committee, and developed with support from the World Bank and Australian High Commission in Sri Lanka.
World Bank supported Trade Information Portals (TIP) across the world provide information that traders need to import and export goods, including information on permits, laws and taxes. TIP provides the much needed transparency which leads to lower trade costs and improved predictability, and it is a key objective of international agreements like the World Trade Organization’s Trade Facilitation Agreement (TFA). The World Bank Group has supported TIPs in more than a dozen countries (Vietnam, was the last country to join, prior to Sri Lanka’s joining on 20 July) using a custom-built software platform. TIP publishes all laws, regulations and procedures affecting trade while also functioning as enquiry points on trade, repositories of information on trade in services or non-tariff measures. Sri Lanka
“The portal will improve the predictability and transparency of the country’s business environment, and provide foreign and domestic investors with quick and timely access to trade rules and regulations. For the first time, the portal puts in one place laws, regulations, procedures and other measures affecting trade maintained by forty-two government agencies” said DG Commerce Sonali Wijeratne.
“The Sri Lanka Trade Information Portal aims to change the country’s business environment. With access to the right information at the right time, local businesses can confidently venture into international markets and help Sri Lanka’s economy realize a prosperous future,” said (HE) Australian High Commissioner Bryce Hutchesson.
“Trade is an important engine of growth for Sri Lanka and having fast and easy access to information on import and export procedures is crucial for traders and investors,” said World Bank Senior Trade Specialist Marcus Bartley Johns. “The portal is an essential piece of a larger, on-going effort by the government to enhance trade facilitation and attract foreign investments and the World Bank stands ready to continue to provide support to these important efforts.”
Some of SLTIP’s other features include: an overview of Sri Lanka’s economy, business startup process, import and export guide, as well as information on special economic areas, export processing zones, cross-border trade and GSP automation; international, regional and bi-lateral trade agreements to which Sri Lanka is a party, including applicable rules and requirements as well as associated benefits; a selection of websites of international organizations or institutions that can bring further support to overseas expansion and tools allowing exporters to perform trade potential analysis, desk research and market surveys.
The portal is also expected to improve trade regulations themselves, as stakeholders are now able to easily identify the complexity of current regulations and procedures when applied to commodities and to suggest areas of modernization and simplification.
SLTIP is a major step towards creating a conducive environment for doing Business in Sri Lanka. The Industry and Commerce Ministry, the World Bank and the Australian High Commission urged all relevant government agencies, the business community, and the media for their continued support in promoting and further enriching the trade portal.

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum