Trade Facilitation

Business Partnering

Objective

Sound and efficient business regulations are critical for entrepreneurship and a thriving private sector. Predictability and transparency in movement of goods is one of the key areas in business. OLC realized the importance of building synergies between various government and business entities to streamline the trading environment with special emphasis on reduction of trading time and cost.

Progress

Private sector dialogue was conducted in through eight industry Focus groups based on activities. The platform has encouraged all stakeholders to share their views openly and together identify the challenges and prioritize the business areas where the partners can bring the greatest value. About 80% of 150 challenges that were highlighted by the private sector were resolved through working group meetings with the respective government stakeholders. Periodic engagements are organized for updating progress and listening to new challenges from the respective parties.

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