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Trade News

Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.

 

Sri Lanka to ratify WTO Trade Facilitation Agreement

Friday, January 08, 2016 > 09:52:26
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(Lanka Business Online)

Sri Lanka’s cabinet has approved a proposal to ratify the Trade Facilitation Agreement adopted in 2013 at the 09th Ministerial Meeting of the World Trade Organization in Indonesia.

The agreement intends to accelerate and facilitate procedures related to customs clearance and borders relevant to import and export of goods.

Maintaining procedures in customs and international trade is important in realization of the expectation of Sri Lanka to become a Naval Trade Hub.


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