Trade Info Series to benefit ICC Sri Lanka membership

Thursday, 6 December 2018 00:16 - - {{hitsCtrl.values.hits}}

ICC Sri Lanka is committed towards improving accessibility for member organisations to reach global markets. ICCSL will be facilitating a series of webinars with the minister (commercial) from Sri Lankan Embassies overseas in the main export markets for Sri Lanka.

The Minister (Commerce) will provide their trade knowledge about the respective country to assist companies with their inquiries. ICCSL member organisations are expected to benefit from the Trade Info Series because they will be privy to first-hand information on the sector and export market. These interactions are intended for member organisations who are currently doing business or intending to trade in these countries.

Thesesessions will provide answers to the current level of trade between the two countries (with a particular interest to Sri Lanka’s exports), challenges faced by exporters, regional regulations, assess market entry barriers (both tariff and non-tariff measures, which are existing/possible threats) being faced by Sri Lankan companies at present or likely to face in the future, etc. ICCSL member companies will benefit from the Trade Info Series by gathering first-hand information pertaining to the sector of interest and export market.

The International Chamber of Commerce Sri Lanka (ICCSL) is the Sri Lankan chapter of the Paris based international world business organisation, the International Chamber of Commerce (ICC). It is also the local chapter of ICC which holds the sole authority to issue ATA Carnet. The international organisation has, over the years, expanded its roots in 130 countries with a membership of over 6.5 million. Trade Facilitation, Export and Import and Cross Border Issues pertaining to Goods Transport are some of the areas addressed by the ICC.ICC has a permanent seat as an observer of the UN – the only private-sector organisation to have received such an honour. Dinesh Weerakkody is the current chairman of ICCSL.

ICC works to champion evidence-based policies to shape the multilateral trade and investment agenda as a driver of growth, jobs and development. We are the leading business voice in the World Trade Organization and other international forums – including the G20. The changing nature of world trade, however, poses challenges to global trade governance. The rise of global value chains and increased foreign direct investment flows, among others, have made global trade governance more complex. In recent months we have seen a growing backlash against global trade integration and rising protectionism in many economies.