Sri Lanka, Jan. 30 -- In light of the ongoing challenges faced at the Colombo Port, Sri Lanka's Joint Chambers, along with key trade, maritime and logistics associations, have proposed several short-term and medium-term solutions to mitigate the impact of port congestion on the nation's economy.

Issuing a joint statement on Thursday (30), they emphasized that exporters are facing potential delays with imported inputs, missed shipping opportunities, and increased processing costs, undermining their competitiveness in the global markets and foreign buyer confidence in Sri Lanka.

"Reports indicate that ships are bypassing Colombo for more efficient neighbouring ports which would be a permanent shift, resulting in lost container volumes for...