The Sri Lanka High Commission, London is pleased to inform that with effect from 05th July 2010 Sri Lanka has been removed from all marine war, and marine strikes risk of the Joint Cargo Committee Joint Cargo Watch List. In addition, the Ground Risk of 2.6 (High Level) previously applicable for the entire ground in Sri Lanka is now confined only to the Vavuniya – Jaffna Section of the A-9 Highway.
The de-listing/removal of Sri Lanka from a high level of 2.6 risk on Marine war risk, and Marine Strikes risk comes in the wake of Lloyds Market Association Joint Cargo Committee Review Meeting held in London on 02nd July 2010 which followed a comprehensive programme in Colombo for the visit of the international intelligence company and Advisor of the JCC to Colombo facilitated by this Mission and the line agencies/Ministries in Colombo.
Since the cessation of the war, in particular, this Mission has sustained a proactive engagement with M/s. Lloyds Markets Association and their International Intelligence Advisors in London in conjunction with line agencies in Colombo to provide the latest updates and progress on areas of concern. The Mission has also initiated and organized several representations made by the GOSL at the highest level in London with meetings arranged between Prof. G.L. Peiris, and delegation from Ministry of Ports last year and Lloyds Markets Association and their Advisors.
The removal of Sri Lanka from the Joint War Committee Hull War, Strikes, Terrorism and Related Perils Listed Areas w.e.f. 11th June 2010 also followed these combined initiatives where this Mission worked in close cooperation with the allied agencies and Ministries in Colombo and Lloyds Markets Association and their Advisors.
Post – war economic revival would be greatly boosted with increased business confidence, reduction of the cost of imports, removal of insurance surcharge, and inducement for more shipping lines to call over at Sri Lanka Ports due to the de-listing of Sri Lanka from War, and Marine risks, down to only a minimal level of Ground risks.
SRI LANKA HIGH COMMISSION
LONDON
14th July 2010
