Trade Facilitation Agreement Sri Lanka

88 the organization of customs. (n.d.) National Committee on Trade Facilitation Sri Lanka case study. Available at www.wcoomd.org/-/media/wco/public/global/pdf/topics/wto-atf/national-committees-on-trade-facilitation/case-study_sri-lanka-rev-en.pdf?la=en#page=2. The provisions of the TFA SDT have introduced a new paradigm into multilateralism and concentrated trade agreements, from liberalisation to development. Indeed, the TFA echoes the programme`s 2030 slogan, “Leave No One Behind,” by linking the implementation of legally binding commitments to the ability of developing countries to do so. In addition, the agreement requires donors to provide TACBs. On 31 July 2014, Sri Lanka submitted its Category A notification to the WTO indicating the provisions of the TFA that it intends to implement as soon as the agreement enters into force. 66 The Global Alliance for Trade Facilitation. (n.d.) About the Alliance. Available at www.tradefacilitation.org/about-the-alliance.html. www.tradefacilitation.org/project/sri-lanka-developing-the-trade-facilitation-framework-for-a-multi-country-consolidation-hub/ 105 OECD. (2017). Aid for trade data.

Available at: www.oecd.org/aidfortrade/data/aidfortradefacilitation.htm. 81 Wijayasiri, J. (2016). Trade is not just for big business: the role of Sri Lankan SMEs in trade. It`s DailyFT. Available at: www.ips.lk/talkingeconomics/2016/11/28/trade-is-not-just-for-big-businesses-role-of-sri-lankan-smes-in-trade/. The TFA, which was concluded at the WTO Ministerial Conference in Bali in 2013, contains provisions to speed up the movement of goods, the release and release of goods, including goods in transit. Measures are also planned for effective cooperation between customs and other relevant authorities on trade facilitation and tariff compliance. It also contains provisions for technical assistance and capacity building in this area. These figures do not correspond to the scale of the mobilization of resources that has been promised on trade facilitation at the international level.

76 Elliott, L. (2013). Bali trade agreement: The WTO has set the bar very high, but has done little. The caretaker. Available at www.theguardian.com/business/economics-blog/2013/dec/06/wto-development-deal-two-decades. 80 The World Trade Organization. (2015). World Trade Report 2015. Available at: www.wto.org/english/res_e/booksp_e/world_trade_report15_e.pdf#page=80 79 OECD trade facilitation indicators. (2017).

Compare your country. Available at: www.oecd.org/trade/facilitation/indicators.htm. World Trade Organization. Accelerating trade: benefits and challenges in implementing the WTO Trade Facilitation Agreement. Available at www.wto.org/english/res_e/booksp_e/world_trade_report15_e.pdf. 61 The World Bank. (n.d.) Trade Facilitation Assistance Program. Available at www.worldbank.org/en/programs/trade-facilitation-support-program. In addition, a Trade Facilitation Mechanism (TFAF) has been set up at the request of developing and least developed countries to ensure that they receive the assistance they need to take full advantage of the benefits of ASAs and to support the final goal of full implementation of the new agreement by all member states. For more information on the TFAF, see www.TFAFacility.org. i A single window allows merchants to communicate all import, export and transit information requested by regulators via a single electronic gateway, instead of transmitting it several times to different government agencies. Two years ago, we began counting the number of Sri Lankan agencies involved in trade facilitation, such as licensing and trade management inside and outside.