SRI LANKA

MINISTRY OF INDUSTRY AND COMMERCE

PROCUREMET OF SUPPLY, DELIVERY, INSTALLATION & COMMISSIONING OF BRAND NEW CRYSTAL SALT PLANT 2 T/HOUR FOR MANNAR SALTEARN

NO:SL/MSL/CSP/2017/01

 

CLOSING DATE: November 16, 2017 at 2.00 p.m. (Sri Lanka Time)

 Chairman, Department Procurement Committee on behalf of the Mantai Salt Limited invites sealed bids from eligible and qualified bidders for the Supply, Delivery, Installation and commissioning of Brand New Crystal salt Plant – 2 T/hour for Mannar Saltern Sri Lanka.

Bids should be submitted on the forms obtainable from the officer of the General Manager,Mantai Salt Ltd,561/3,Elvitigala Mawatha, Colombo 05, Sri Lanka or Sri Lanka Mission abroad up to 2.00 p.m. (Sri Lanka Time) on November 16, 2017 on payment of non-refundable document fee of Rs. 5000.00 only or an equivalent sum in a freely convertible currency.

Delivery of bidding documents could be made, by sending a written request to the above address including a bank draft written in favour of Mantai Salt Limited for the amount of LRK.5000/- (for Domestic Delivery) or US $ 60.00/- (for Overseas Delivery). The bid documents will be sent through courier. No liability will be accepted for loss or late delivery.

Sealed Bids may be dispatched either by post or hand delivered to the following address:

General Manager Mantai Salt Ltd, 561/3, Elvitigala Mawatha, Colombo 05 Sri Lanka Please Contact the Commercial Section of the Embassy of Sri Lanka for clarification. E-mail:This email address is being protected from spambots. You need JavaScript enabled to view it.             Tel No: 202-483-4026 (Ext. 8114) 

US – SRI LANKA ECONOMIC RELATIONS – (Trade, Investment & Tourism)

Trade and Investment Framework Agreement (TIFA) between Sri Lanka and the USA

The Trade and Investment Framework Agreement (TIFA), signed by the USA and Sri Lanka on 25th July 2002 in Washington DC, provides an ideal platform for the two Governments to maintain a closer dialogue on a number of areas / fields that are of mutual interest to them.

The Joint Council, formed under the TIFA had held twelve (12) meetings by end 2016. Minister of Development Strategies and International Trade Malik Samarawickrama led Sri Lanka delegation to the 12th US-Sri Lanka Trade and Investment Framework Agreement (TIFA) Council Meeting held on 28th April in Washington DC, which adopted a path breaking Action Plan to boost bilateral trade and investment.

The 12th Council meeting was Co-chaired by United States Trade Representative Michael Froman and Minister of Development Strategies and International Trade, Malik Samarawickrama.

Recognizing Sri Lanka’s potential to become a much stronger trade and investment partner of the United States, during the Council Meeting, the two governments adopted a U.S.-Sri Lanka Joint Action Plan to Boost Trade and Investment.

The Joint Action Plan aims at reaching its goals over a span of five years; its objectives include, among other measures: reforming Sri Lanka’s trade and investment regime to world class standards; improving the competitiveness of Sri Lanka’s current exports; developing new markets, especially those that take advantage of Sri Lanka’s status as a regional services hub; promoting greater interaction between the U.S. and Sri Lankan business communities; greater utilization of U.S. tariff preference arrangements; strengthening of worker rights and promotion of ethical and environmentally sustainable manufacturing practices, especially in Sri Lanka’s RMG sector; reforming the educational sector to make it more responsive to the needs of business; and increased mobilization of all sectors of society, especially women, in business and trade.

US-Sri Lanka Bilateral Trade Relations

The US continues to be the single largest export destination for Sri Lankan products with over 25% of its exports. Sri Lanka’s exports to the US demonstrated an impressive growth of 35.7% in 2017 compared to 2011. According to the latest trade statistics, Sri Lanka’s exports to the US amounted to US $ 2.9 Billion in 2017.

Total Imports to Sri Lanka from US in 2017 was US $ 811 million, while total trade turnover between Sri Lanka and the US remained at all time high of US $ 3.7 billion. The balance of trade is in Sri Lanka’s favour amounting to US $ 2.1 billion.

Sri Lanka’s trade with the US   

Year         Exports from Sri Lanka    Imports into Sri Lanka      Balance of Trade

US $ Million                        US $ Million                       US $ Million

2010         1,765                                    178                                       1,597

2011         2,145                                    307                                       1,860

2012         2,114                                    224                                       1,880

2013         2,497                                    353                                      2,144

2014         2,720                                   493                                       2,228

2015         2,800                                    471                                      2,330

2016         2,810                                    540                                      2,270

2017        2,912                                    811                                      2,101

2018         3.084                                   645                                      2,438

Source: Sri Lanka Customs

trade chart

CEYLON SHIPPING CORPORATION LIMITED (Ministry of Ports & Shipping)

EXPRESSION OF INTEREST (EOI)

TO SELECT A SUITABLE PARTNER FOR THE OPERATION OF PASSENGER CUM CARGO VESSEL/S BETWEEN COLOMBO & TUTICORIN

Introduction: A decision has been taken by the Government of Democratic Socialist Republic of Sri Lanka and Republic of India to recommence the passenger cum cargo transportation services by sea between ports of Colombo & Tuticorin, which will be beneficial for the advancement of economic, social and cultural ties between the people of two countries. Scope of Work/ Service details Ceylon Shipping Corporation Ltd. (CSC) the fully Government owned National Sea Carrier of Sri Lanka is looking for a suitable operator to operate a passenger cum cargo (ROPAX) vessel/s between Colombo and Tuticorin. Therefore, the Chairman, Cabinet Appointed Negotiating Committee (CANC) on behalf of Ceylon Shipping Corporation Ltd., invites Expression of Interest (EOI) to operate passenger cum cargo vessel/s between Colombo and Tuticorin. Eligibility Criteria:
  1. Applicants should have minimum 03 years of experience in passenger cum cargo ship operating.
  2. The applicant should be a company registered in Sri Lanka or in any other country with an excellent track record in the fields concerned.
  3. The selection of the most suitable operator will be carried out through a procedure of Requests for Proposals (RFP), at the next stage.
Application Form for Expression of Interest (EOI) could be purchased between 07th March – 19th April 2017 at Ceylon Shipping Corporation Ltd., No. 27, MICH Building, Sir Razik Fareed Mawatha, Colombo 01 on payment of None - Refundable Application fee of LKR. 10,000/- (Sri Lankan Rupees Ten Thousand). The dully filled Application should be submitted to the Chairman, CANC, Ministry of Ports and Shipping, Chaithya Road, Colombo 01, on or before 19th April 2017 at 15.00 hrs of local time in a sealed cover by hand or courier, titled as “Expression of Interest, for the Operation of Passenger CUM Cargo Vessel/s between Colombo and Tuticorin.” For further enquiries please contact; Ajith Rathnayake Deputy Manager (Business Development) Ceylon Shipping Corporation Ltd. 0710215710 Rashmi Nadeeshani Assistant Manager (Business Development) Ceylon Shipping Corporation Ltd. 0710215727 Chairman – Cabinet Appointed Negotiating Committee (CANC),          Ministry of Ports and Shipping, Chaithya Road, Colombo 01. Tel: 011 2470329. Fax: 011 2435134.

FOREIGN TRADE POLICY Following the trade liberalization initiatives introduced as far back as late 1970s and continued by all successive governments to-date, Sri Lanka is currently known to be the most liberalized economy in the entire region of South Asia. Series of unilateral measures implemented over the years have resulted in rationalization and simplification of the country’s tariff structure to a large extent.

The foreign trade policy, which continues with the process of further liberalization of the country’s current trade regime, aims at integrating Sri Lanka with the global economy within the positive attributes of free market economy, while holding in balance the interests of the domestic industry through specific measures.

Today, tariffs and other border levies act as the key tools for regulating the foreign trade regime of Sri Lanka, while there are hardly any barriers or impediments such as licensing and quotas on either imports or exports. The tariff policy of the government aims at providing a transparent and predictable framework for all stakeholders in the foreign trade sector.

Sri Lanka’s present tariff structure range from zero to ​30​% under a three -band tariff structure with rates being 0%, 15% and ​30​%.

Essential goods & Basic raw materials  0.0% Intermediate products 15.0% Other finished products 30.0%

Sri Lanka has granted preferential tariff benefits to a wide range of products imported under the following trade agreements / arrangements.

Indo-Sri Lanka Free Trade Agreement (ISFTA)

Pakistan-Sri Lanka Free Trade Agreement (PSFTA)

South Asian Free Trade Area (SAFTA)

Asia-Pacific Trade Agreement (APTA) - formerly known as Bangkok Agreement

Being a pioneer member of the GATT and the WTO, Sri Lanka remains fully committed towards pursuing a rule based multilateral trading system that will ensure a transparent and predictable trading environment to the international business community.

Useful links:

The Ceylon Chamber of Commerce in association with the Ministry of Foreign Affairs and other relevant organizations is organizing the Sri Lanka Investment and Business Conclave 2017 in Colombo from 30th May – 01st June 2017.

The Investment & Business Conclave offers the perfect blend of opportunities aimed at enriching institutional, corporate and individual investors and business houses with a comprehensive set of guidelines for their investment decisions, and act as a networking opportunity for introductions to potential business partners with a view of establishing partnerships in Sri Lanka.

Visit www.invest-srilanka.lk for more information Attached is an e-flyer of the event [image title="bc-2017-en2_Page_1" size="large" id="9435" align="right" linkto="http://slembassyusa.org/wp-content/uploads/2016/11/bc-2017-en21.pdf" ]

emergancy contact

Address:
3025 Whitehaven Street NW
Washington DC 20008

Telephone Nos
(202) 483 4025 - 28
(202) 580 9546 (Emergencies/After hours)

Fax No
(202) 232 7181

E-mail
slembassy@slembassyusa.org