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Message: <blockquote data-quote="monson" data-source="post: 23767048" data-attributes="member: 30005">New inspection facility for Sri Lanka CustomsOct 12, 2018 12:55 PM GMT+0530ECONOMYNEXT –  Sri Lanka’s Customs is planning to set up a new inspection facility with Asian Development Bank (ADB) assistance to speed up clearance of shipments which are now subject to delays.A feasibility study for the new facility will be done under an ADB technical assistance project to support trade logistics facilitation aimed at improving process flow and timeliness.The present inland cargo clearance system involves multiple examination yards where the imported containers are transported for customs examination and clearance, an ADB report said. “Movement of cargo to and from these facilities along constrained routes contributes to congestion in Colombo,” it said. Current trade logistics procedures lead to queuing of cargo traffic at the port, the ADB said.The present system is also not reliable although goods are moved under customs escorts from the port to the warehouses. A new customs inspection facility at a different location is being considered under the ADB project funded by a grant by the Japan Fund for Poverty Reduction.(COLOMBO, 12 Octber, 2018)- <a href="https://economynext.com/New_inspection_facility_for_Sri_Lanka_Customs-3-12200-1.html" target="_blank">https://economynext.com/New_inspection_facility_for_Sri_Lanka_Customs-3-12200-1.html</a></blockquote>

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