The Department of Import and Export Control was established in 1969 by the Import and Export (Control) Act No. 01 of 1969 with the objective of controlling of imports and Exports of Sri Lanka. This department plays a major role in the economy of the country as a regulatory body which is responsible for the imports and exports being subjected to a license requirement. Prior to 1977, there were a lot of restrictions for import and exports which resulted in a heavy volume of work for the department. This year department completes 47 years of service to the nation. At present role of the Department has expanded from controlling mechanism to a regulatory approach (or regulator) and with a future perspective of guardian of the country with respect to international trade, while promoting and facilitating of country’s international trade integration. Specially, National security, health concerns, environmental sustainability and social welfare of general public are considered as priorities. Standardization of import and export items is conducted to protect local industries, environment and people of the country. Money laundering is also controlled by implementing necessary policy frameworks together with the exchange control department. Necessary steps have been taken to control or ban critical items that has harmful effect to the environment and public security according to the International Conventions such as Basel, Rotterdam and Stockholm’s. Eg. Banning of Glyphosate. Further, two third of the shelf life is an essential requirement for importation of pharmaceuticals and it is a critical step that has been taken to avoid expired drugs. Import and Export Control Department has planned to implement automated computerized system link with other agencies to ensure providing efficient and effective service to the trade community. Since, Sri Lanka situated in a prime location in the Indian Ocean and mid of the Silk Road, world has identified Sri Lanka is a good trans-shipment point for international trade. Apart from that Chinese and Indian trade expansion policies give us a sign to develop a sound policy framework in the boarder protection and international trade relations. Import and Export Control Department strengthen the policy protection during maintaining a good trade relationship with other countries.