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USAID supports to modernize SL’s trade facilitation infrastructure

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The United States, through the United States Agency for International Development (USAID), is supporting the Sri Lankan Ministry of Finance to modernize the country’s trade facilitation infrastructure through the implementation of Sri Lanka’s Trade National Single Window System (TNSWS). The TNSWS, when operational, will streamline the collection of information required for trade, leading to increased transparency and efficiency, reduced costs, and more potential revenue.

As part of our ongoing collaboration, the Department of Trade and Investment Policy of the Ministry of Finance, Economic Stabilization and National Policies with support from USAID recently held a workshop for 94 key TNSWS project stakeholders. The interactive workshop enhanced participants’ understanding of how the single window system works and its benefits. It also encouraged collaboration and sustainability in Sri Lanka’s TNSWS implementation.

“As a long-time partner and Sri Lanka’s largest export market, the United States supports efforts to boost exports and improve efficiency for businesses and government agencies. We are committed to initiatives like the TNSWS, which will make trade more transparent and predictable, easing business challenges,” said USAID Mission Director for Sri Lanka and Maldives, Gabriel Grau.

Mr. K.M. Mahinda Siriwardana, Secretary to the Ministry of Finance, emphasized, “Establishing a trade national single window system is crucial as Sri Lanka recovers from an unprecedented economic crisis. The TNSWS will increase our trade competitiveness and support export growth, leading to sustained economic stability.”

As part of the World Trade Organization Trade Facilitation Agreement, which Sri Lanka signed in 2017, implementation of a TNSWS is required.  Implementation of a TNSWS received cabinet approval in 2022.

Over the past year, the United States has provided technical assistance to help the Government of Sri Lanka establish a Project Implementation Unit to lead the TNSWS project.

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Sathosa to sell rice at Rs. 220 per kilo

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Trade, Commerce, Food Security and Co-operative Development Minister Wasantha Samarasinghe told Parliament yesterday that action will be taken to sell 200,000 kilograms of rice daily to the public through the ‘Lanka Sathosa’, at a controlled price of Rs.220 per kilo to the public from today.

The Minister also said that steps will be taken to provide a coconut to the people in the suburban areas through Lanka Sathosa at a price of Rs.130 a nut within the next two weeks. He said this while participating in the debate on the government’s policy statement presented by President Anura Kumara Dissanayake recently.

The Minister also said that rice mill owners have agreed to release 200,000 kilos of rice per day to be sold through Lanka Sathosa at a price of Rs.220 per kilo.

The Minister also said that considering the current demand for rice in the local market and the damage caused to paddy cultivation due to heavy rains, the rice import restrictions have been lifted until midnight on December 20. The Minister also stated that the Government has taken steps to provide solutions to this problem by making rice available in the market as a solution to the rice shortage that has arisen in the market. Steps have been taken to solve the coconut shortage in the market in the next two to three weeks and to prevent consumers from exploiting. For this, 1 million coconuts will be released to the market.

In the past, various individuals and institutions have intervened to create shortages of goods in the country. We are trying to resolve this problem through discussions with those individuals and organisations. Otherwise, we will take specific measures as a government to prevent the people from being inconvenienced and exploiting,” he said.

(dailynews.lk)

(This story, originally published by dailynews.lk has not been edited by SLM staff)

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DSI obtains enjoining order against infringement of ‘Fun Souls’ brand

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Action was filed in the Commercial High Court of Colombo by DSI through their Attorneys Sudath Perera Associates against the entity Lakpa Footwear Ltd., with its headquarters based in Horana. The action was filed for the infringement of DSI’s ‘Fun Souls’ trademark and brand and the shoe design on the basis of trademark infringement, unfair competition, and passing-off.

D. Samson & Sons Ltd., widely known as DSI, is a leading homegrown brand and manufacturer of footwear, apparel, and bicycle tyres across the country and has established a strong reputation for quality products in Sri Lanka since its inception. In 2016, DSI introduced and developed the brand ‘Fun Souls’ with a youth identity, to offer a range of unique shoes and bags, including infant shoes, toddler shoes, boys’ and girls’ footwear, and accessories. This ‘Fun Souls’ shoe design was an original concept presented by the DSI brand family.

On 1 November, Commercial High Court Judge Jagath A. Kahandagamage issued an enjoining order against the Defendant for engaging in the sale of kids’ footwear with a brand name/design identical or confusingly similar to the ‘Fun Souls’ trademark and the shoe design.

The Plaintiff, DSI, pleaded that the Defendant has copied the mark ‘Fun Souls’ and the design of the shoe belonging to the Plaintiff in a similar manner with the deliberate intention of passing off its products as those of the Plaintiff.

The Plaintiff further pleaded that the slight, insignificant changes in the impugned mark and the design used by the Defendant are unnoticeable to the average consumer and deliberately adopted with the mala fide intention of the Defendant to usurp the goodwill and reputation of the Plaintiff’s ‘Fun Souls’ trademark and the shoe design.

The Commercial High Court, after hearing the submissions of the Lead Counsel for the Plaintiff, issued an enjoining order as requested by the Plaintiff. The order restrains the Defendant from continuing to use or carrying out business using its infringing shoe design, under the name, sign, or mark ‘Fun Shoe,’ which is misleadingly similar to the Plaintiff’s trademark ‘Fun Souls’ and its associated shoe design.

It also prohibits the Defendant from using any other variation of the name, sign, mark, or shoe design that is confusingly similar to the Plaintiff’s trademark or trade name, and from adopting any trade name or trademark that could cause confusion with the Plaintiff’s trademark or trade name.

(ft.lk)

(This story, originally published by ft.lk1st has not been edited by SLM staff)

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Horana Sri Palee gazetted as Mass Media Faculty of Colombo Uni.

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The Horana Sri Palee Campus has been gazetted as the Faculty of Mass Media of the Colombo University.

According to the gazette extraordinary issued by Prime Minister Dr.Harini Amarasuriya, the faculty’s departments are gazetted as Department of Mass Media Studies, Department of Language Studies, Department of Computer Studies and Department of Performing Arts Studies.

Established in 1996 as the West Board of the Colombo University in Horana, it conducted undergraduate and postgraduate courses in media and performing arts studies. Later the name was changed to Sri Palee Mandapa of Colombo University under the University Act in 1988 and until now it has been functioning under a Campus President. Teaching was done in the Departments of Mass Media, Performing Arts, Computer and Language Studies and after being declared as the Faculty of Mass Media, these departments were gazetted as Departments.

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