Sri Lanka: Trade Facilitation for SMEs

Summary

Funded by GIZ, the project aims at enhancing the internaional trade competitiveness of Sri Lankan SMEs, especially those located in secondary growth centres, by automating the formalities related to the issuance of Certificates of Origin (CoO), automating selected trade procedures, establishing online payment solutions, simplifying export procedures as well as improving transparency requirements and access to trade-related information through increased user-friendlienss and accessibility of the Sri Lanka Trade Information Portal (SLTIP). It also aims at strengthening private sector's participation in trade facilitation reforms by developing an NTFC monitoring tool. The project will partner with policymakers, trade-support institutions and businesses in Sri Lanka to increase rural SMEs' participation in international trade, thereby contributing to sustainable and inclusive economic growth and poverty reduction in the Sri Lanka.