## 📈 Port & Customs Crisis: Stagnation Risks Trade Stability

• Deadlock in Negotiations: Recent talks between the trading community, Sri Lanka Customs, and the Sri Lanka Ports Authority (SLPA) concluded without progress on critical operational bottlenecks. • Escalating Costs: Clearing expenses for a Full Container Load (FCL) have surged to approximately Rs. 250,000, driven by container hold-up charges, transport costs, and inefficiencies at yards including RCT and Grayline. • Systemic Inefficiencies: Operational Delays: Failure to implement agreed-upon solutions and the introduction of redundant container examinations. Monopolistic Practices: Diversion of containers to specific yards has allegedly created service monopolies without added value. Lack of Accountability: A coordination breakdown between the Controller of Imports and Exports and Customs regarding shipment cut-offs and LC complications. • Internal Friction: Senior Customs directives are reportedly being challenged by junior officers, leading to significant delays in adherence to clearance timeframes. • Potential Trade Action: Stakeholders have warned of potential strikes, including refraining from processing online Customs Declarations (CUSDECs) or halting container transport if no meaningful intervention occurs. ---