Bangladesh will graduate from the least-developed country bracket in 2024, three years after which free trade agreements will be crucial in maintaining its comparative advantage in international trade.
KLS Energy Lanka, the local subsidiary of Malaysian renewable energy producer Energy Sdn Bhd of Malaysia has initiated ICSID arbitration under the Sri Lanka-Malaysia BIT
The petition filed seeking a court order pronouncing that the Sri Lanka-Singapore Free Trade Agreement is against the Constitution, will be taken up for consideration on January 09, the Supreme Court has decided.
A Sri Lanka Free Trade Agreement with Singapore can be reviewed annually, and the government will set up an independent commission to do so, Prime Minister Ranil Wickremesinghe said as activists and opposition politicians protest fearing that the deal may lower prices to consumers and give less easy profits to businessmen.
The Expert Committee appointed by the President Maithripala Sirisena to study the Singapore-Sri Lanka Free Trade Agreement has decided to gather views from organizations and the public.
The Association of IT Professionals convened a press briefing in Colombo regarding the Sri Lanka-Singapore Free Trade Agreement (FTA) in which they stated it appears Member of Parliament Malik Samarawikrama is not versed on the agreement and that they themselves showed the Minister the clause regarding manpower.
Malaysia has expressed its strong interest in moving forward on the free trade agreement (FTA) with Sri Lanka that was initially contemplated in 2013, a communiqué from Sri Lanka’s Industry and Commerce Ministry said yesterday.