Sri Lanka Asia Pacific forum to explore trade boosting tools

Oct 29, 2012 (LBO) – A trade forum in Sri Lanka with the participation of 30 countries in Asia and the Pacific starting will identify priority areas for integration, and new tools and services to increase the efficiency of cross-border transactions, its organizers said. The Asia Pacific Trade Facilitation Forum 2012 (APTFF) on the theme of “Enhancing public-private collaboration for trade facilitation, paperless trade and cross-border connectivity” will kick off on October 30 in Colombo.

It will be co-hosted by Sri Lanka’s Ceylon Chamber of Commerce (CCC), the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) and the Asian Development Bank (ADB).

“The smooth movement of goods at all stages – from the manufacturer to the end consumer – is critical in an increasing interlinked world in which trade plays an important role in achieving higher economic development,” the Ceylon Chamber said.

“With the high level of participation from the Asia Pacific region at this forum, Sri Lanka looks forward to exchanging knowledge and experiences in this important area.”

The forum will have panels and breakout sessions and an exhibition on trade facilitation in parallel, to share information on practices, case studies and findings of tr