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    Benefits of Adopting Measures to Facilitate Trade: A Case Study on Forest Permits for Exporting Horticultural Products

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    Benefits of Adopting Measures to Facilitate Trade (273.6Kb)
    Date
    2024-09
    Author
    Econ Team
    Series
    Research Brief;September 2024
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    Abstract
    Governments often mandate that traders secure permits before importing or exporting certain products to fulfill objectives such as protecting endangered species, endemic flora, and ensuring consumer safety. The time, cost, and unpredictability associated with obtaining these permits impact the competitiveness of businesses engaged in international trade. This research brief outlines steps to overcome various obstacles that hinder the streamlining, simplification, and automation of these processes to make them more business friendly. Using the issuance of forest permits for horticultural exports as a case study, it shows how adopting steps to facilitate trade can reduce trade costs and strengthen regulatory oversight.
    Note
    Description
    12p. - The Economics Team of Verité Research compiled the study. The research team comprised Subhashini Abeysinghe, Mathisha Arangala and Shalomi Liyanage.
    URI
    https://archive.veriteresearch.org/handle/456/6989
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    • Research Reports [75]

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    • Why Does Sri Lanka Claim It Has Less Capacity Than Least Developed Countries for Trade Facilitation? 

      Abeysinghe, Subhashini; Arangala, Mathisha (Colombo: Daily Mirror, 2023-06-22)
      Higher costs and time resulting from opaque, complex, time consuming, manual export and and import procedures discourage businesses from engaging in international trade and undermine their international competitiveness. ...
    • Sri Lanka Falls Behind Least Developed Countries in Trade Facilitation: Here are Three Steps it Can Take to Reverse This Trend 

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      Abeysinghe, Subhashini; Arangala, Mathisha
      (Colombo: Verite Research, 2023-07)
      This note compares progress made by Sri Lanka against its regional competitors, other developing and least developed countries in facilitating trade by making import and export procedures of the country efficient, less ...

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