The Shippers’ Academy (SA) is organizing a workshop with the assistance of Board of Investment (BOI), Sri Lanka Ports and Customs officials to apprise the trade of the new automation process taking place effective May 15 at these key state institutions.
The workshop will be held on May 3 at the Sri Lanka Foundation, Colombo.
In a statement, SA said in line with the automation process taking place at Customs and the Sri Lanka Ports Authority, the BOI is also implementing new systems for clients to work online, in respect of operations, documents and payments for shipments.
The BOI will start the trade facilitation process changes from May 15, once the Customs export process is tested. The Customs will work in hand in hand to facilitate BOI clients with the ASYCUDA World online documentation system.
According to SA CEO Rohan Masakorala, these new processes will reduce the transaction cost of exporters and increases the process of clearing exports and imports with less work for companies.
“Over the last 3-4 months we have seen good changes happening at Customs and SLPA and now the BOI too is joining the effort. Sri Lanka should move towards a single window environment as soon as possible, this will be an added advantage to the country to position itself as the regional hub,” he said.