A seminar on “Trade Information Portal (TIP) Sri Lanka” will be held on December 10, 2019 from 9 a.m. to 12.30 p.m. at the National Chamber Auditorium, 450, D R Wijewardene Mawatha, Colombo -10.
Premathilake Jayakody, Deputy Director of the Department of Commerce, Kanchanee Seneiratne, Consultant to TIP - International Trade Center (ITC) and Fowzer Mohammed Fiyaz, Consultant to TIP - International Trade Center (ITC) will be the Resource Persons and there will be a Panel discussion headed by Dr. Dayaratne Silva, National Project Coordinator of International Trade Center and Mr. Premathilake Jayakody, Deputy Director of the Department of Commerce and Hasitha Wijesundara, Senior Advisor – GIZ – SME Development Program.
The target audience will be all Exporters & Importers, Trading community and those who are involved in Export & import and this session will be ideal to get updated with all the details related to exports & imports regulations.
A brief description about the Trade Information Portal (TIP) Sri Lanka
In parallel to the National Single Window (NSW), it is expected to implement Trade Information Portal in Sri Lanka which would help generate trade and investment in the country. The trade portal is a web-based portal system, and it will make all cross-border trade regulatory information available at a stroke of a key.
The information includes all laws, prohibitions, restrictions, technical standards, the entire commodity classification and tariffs, all procedures for license and permit application and clearance, in plain language instructions. Information pertaining to government ministries & agencies, Customs, Regulatory authorities, Ports Authority and Standards Institution will be included in the TIP. Sri Lanka TIP is expected to be launched in early July.
As per the studies already conducted, Sri Lanka TIP will carry approximately 69 Acts and Circulars, 120Gazette Notices, 23 Guidelines, 176 Measures, 186 Procedures, 225 forms and 50 information pages. It is noteworthy, that Sri Lanka is having approximately 788 regulatory documents to be uploaded to TIP and it is only second to Vietnam TIP having 1665 such documents. Countries such as Bangladesh, Lao, Cambodia, Malawi, Lesotho, Botswana and Nepal also implemented their TIPs by now.
The World Bank Group would assist Sri Lanka both technically and financially in implementing the TIP and Government of Sri Lanka, having Department of Commerce under the Ministry of Industry and Commerce will take primary responsibility of sustainability of the TIP. Cross border trading community, specially private sector would be greatly benefitted by this Trade Information Portal and Department of Commerce has launched the TIP in second half of 2018.
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