Sri Lanka has signed and is in the process of signing many bilateral and regional free trade agreements (FTAs) with a primary focus on maximising the economic benefits and welfare of its people. As of December 2016, Sri Lanka has eight FTAs of which four FTAs are into effect (Asia-Pacific...
The Constitution of Sri Lanka provides for the protection of bilateral investment agreements which are essential in the interests of the national economy. Such agreements enjoy the force of law and cannot be contravened by way of legislative, executive, or administrative action except on grounds of...
23 -- Sri Lanka and Singapore on Tuesday signed a Free Trade Agreement (FTA) aimed at boosting trade and investment between the two countries. The signing of the FTA took place following bilateral discussions held between the visiting Prime Minister of Singapore Lee Hsien Loong and Sri Lankan ...
The free trade agreements (FTAs) between Thailand and Sri Lanka are pivotal in shaping the trade dynamics between these two countries. These agreements, such as the pipelined Sri Lanka-Thailand Free Trade Agreement (SLTFTA), offer significant benefits, including tariff reductions on ...
In an exclusive interview with China Media Group (CMG), Sri Lankan President Ranil Wickremesinghe said that Sri Lanka is benefiting from the fact that free trade has made it easier for the international movement of goods and the flow of capital. "It's beneficial for both Sri Lank...
Free trade agreements (FTAs)play a pivotal role, as theyfacilitate easier and often cheaper cross-border trade by reducing or eliminating tariffs, hence fostering more efficient and cost-effective trade. Currently, while there is no direct FTA between Hong Kong and Sri Lanka,talks between ...
The present study attempts to analyze the trade creation and trade diversion effects of the India-Sri Lanka Free Trade Agreements (ISFTA) at the sectoral level. The major sectors identified for the study are textiles, base metal and machinery equipments. The sector specific analysis is a departur...
Sri Lanka aims for three million tourists in 2025 Sri Lanka is aiming to substantially increase tourist arrivals to three million in 2025, up from a target of 2.1 million in 2024, as... Sri Lanka to develop new nation branding tourism strategy Sri Lankan authorities are bringing together ...
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Free Trade Agreements: If exporting to a country with which Sri Lanka has a Free Trade Agreement (FTA), ensure your goods meet the rules of origin to qualify for preferential tariffs. Documentation: Maintain proper documentation to prove the origin of your goods, such as manufacturing records...