ISDS Case Map
Sri Lanka
Singapore will sign a free trade agreement (FTA) with Sri Lanka this week - its 13th bilateral deal and, significantly, its first since the Trans-Pacific Partnership (TPP) faced a setback last year when the United States withdrew from it.
The Sri Lankan Cabinet has approved the proposed Free Trade Agreement (FTA) to be signed with Singapore
Unlike trade negotiations with behemoths such as India and China, politically-backed protests have not taken place against the Sri Lanka-Singapore FTA negotiations.
President Maithripala Sirisena and the visiting Prime Minister of Malaysia Dato’ Sri Mohd. Najib bin Tun Abdul Razak agreed to expand trade relations between the 2 countries further.
The key objective of ETCA is to resolve the implementation issues on the existing free trade agreement with India.
The arrangement will establish regular senior officials' talks to facilitate trade and investment.
If one analyses the costs and benefits then it isn’t that difficult to realize that ETCA is a decision by one country and the other is just obeying.
Sri Lanka is likely to sign a Free Trade Agreement with Singapore in October as the island country looks to attract more foreign investments
Sri Lankan industrialists have voiced concern over a proposed free trade agreement with China and government plans to reduce import tariffs that protect them, saying they feared they might not be able to compete.
Sri Lanka has signed a $1.1bn (£837m) deal with China for the control and development of the southern deep-sea port of Hambantota.
