Sri Lanka’s National Single Window (NSW), when implemented, will allow businesses to lodge information and documents with a single entry point, to fulfil all import, export, and transit-related regulatory requirements. Currently, Sri Lanka is at the beginning of the project life cycle in the establishment of a NSW, with the development of a NSW Blueprint to be released soon. In this blog, Janaka Wijayasiri deliberates on the implementation process of the NSW.
Sri Lanka is committed to establishing a National Single Window (NSW) for international trade as a policy priority. This blog by Janaka Wijayasiri explores the different options for the country’s NSW operational model. A policy decision in this regard will help determine sources of funding for the project, its implementation, budget, and fees to be charged for the services provided by the NSW operator.
Given the necessity to simplify trade procedures, Sri Lanka has identified the implementation of a Single Window (SW) for trade as a national priority and currently a blueprint is being developed. IPS researchers argue that more advanced SWs takes time, money, and effort. Thus, it requires a careful cost-benefit analysis, as well as managing expectations of all stakeholders, given the time frame for implementation, capabilities and resources available in Sri Lanka.