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SRI LANKA
Competitive Value Creation Hub
in the Indian Ocean
49th AGM Sri Lanka Shippers’ Council
26 July 2019
Sri Lanka Shipper’ Council• 50th Year in Operation & 49th AGM
• Affiliated to the Ceylon Chamber of Commerce
• 1st Shippers’ Council in Asia & a member of the Global
Shippers Forum (GFS)
• Member of Association of Shippers’ Councils of
Bangladesh, India, Pakistan and Sri Lanka
(ASCOBIPS), founded in 1981 & the Asian Shippers’
Council founded in 2004.
• Consists of Chambers of Commerce, Trade Associations
(14) & Individual Organisations (58). Managing
Committee consists of 14 Product Associations.
• The apex body that represents the import/export trade in
the country with a broad based representation 2
3
The Asia-Pacific Context
Marine Traffic – Opportunity for Sri Lanka
44
JAFFNA
TRINCOMALEE
HINGURAKGODA
COLOMBO
HAMBANTOTA
KANDY
MONERAGALA
MATARA
EMBILIPITIYA
Connectivity & Mobility
6
Integrating with the Global Value Chain 3 Sea Ports & 3 Air Ports
Enabling Internal Mobility & Inclusive Growth
Improve Competitiveness & Tarde Liberalisation
Sri Lanka - Value Adding Hub in the Indian Ocean
ETCA
GSP+
FTA
Expanding Markets and Investment through Trade & Investment Agreements
7Focusing on Rapidly Growing Market, with a ~ 4 billion population!
Nexus between Policies & Strategic National Vision
Policy Consistency, Currency & Validity of the Policy
Policy Reforms
Policy Development Process: Arbitrary vs Consultative and Challenges
Policy Implementation
8
Public Policy
Competence & Maturity of Individuals/Entities Individual vs Shared Vision
Narrow vs Broad Perspective
Vested vs Shared Interests
Managing Conflicts of Interests
Agree to Disagree
Collective Wisdom
Values & Ethics
Forthrightness
Principles-based vs Situation-Based
Leadership
Effectiveness & Efficiency of Decision Making Process Process Oriented vs Goal/Outcome Oriented
9
KEY CHALLENGES
10
IS SRI LANKA READY?
ARE WE
READY?