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Sunday, 21 August 2016

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FTAs: CCC tells companies to submit views

Influencing trade liberalisation processes:

 As the Government works towards forging a series of Free Trade Agreements (FTAs), the Ceylon Chamber of Commerce (CCC) is calling on companies to submit substantive inputs on trade policy matters so that the private sector can strengthen its representations with trade negotiators. The Chamber has always been supportive of mutually beneficial trade agreements and has held the view that such agreements need to be forged following transparent and broad-based consultations with the private sector. The CCC, which is closely engaged with key high-level trade consultative committees, welcomes the government’s ongoing efforts to incorporate private sector views in its deliberations..

Having recognised the importance of engaging fully in this process, the Chamber has taken an initiative to call for member views on trade agreements and trade facilitation. In a statement, the Chamber said, “We have a unique opportunity to influence the trade policy process of the government; to channel industry views on trade liberalisation issues; identify concerns and new opportunities brought on by new agreements; and advocate for tackling key problem areas. The Chamber is keen to submit evidence-based, meaningful, and progressive recommendations to the government.”

Companies can now fill in a detailed questionnaire - available on the Chamber website - and take advantage of this important opportunity to have their say. Through these inputs, the Chamber hopes to influence the design of trade agreements that are forward-looking, that spur growth and create jobs.

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