Improving Import-Export Procedures And Processes In Sri Lanka
International trade transactions involve multiple parties that are required to act with effective and efficient coordination between them. While individual companies and persons can undertake certain measures in this regard, some have to be undertaken at the country level. Globally recognized bodies publish trade facilitation indicators that provide policy makers and the public with benchmarks to evaluate and analyse a country's level of trade facilitation. Nevertheless, a deeper understanding of the trading processes is required to identify areas that create bottlenecks in trading and to take measures to minimize them.