ISDS Case Map
Sri Lanka
Sri Lanka has requested India to expand the quota to export under the Indo-Lanka Free Trade Agreement to 50 million units from the current 8 million after President Donald Trump slapped a 44 percent tax on the island.
Sri Lanka and the United Arab Emirates have reached an agreement on Reciprocal Promotion and Protection of Investments.
The move followed discussions between Suchat Chomklin, Deputy Minister of Commerce, and representatives from the Ceylon Chamber of Commerce in Colombo.
Vietnam Ambassador and Sri Lanka Trade Minister discussed the potential FTAs. It raises critical questions about Sri Lanka's ability to leverage such partnerships effectively amidst its own economic challenges and the need for a more robust trade strategy that prioritizes national interests over mere economic engagement.
Sri Lanka will expand free trade deal networks strategically and also simplify import duty structure for SMEs to access raw materials, President Anura Disanayake said.
Sri Lanka's Cabinet has approved agreements with the United Arab Emirates (UAE) to promote and secure investments. These agreements aim to create a favorable legal environment for UAE investors in Sri Lanka, encouraging foreign direct investment and strengthening bilateral ties in investment and trade.
Sri Lanka and the UAE are nearing a final agreement on a Reciprocal Promotion and Protection of Investments (ARPPI). Recent talks between delegations from both countries have resulted in an agreed-upon text for the proposed agreement.
Lawmakers criticize poor trade negotiations, call for review of barter trade with Iran.
Sri Lanka has decided to proceed with its existing free trade agreement (FTA) with Singapore, despite a previous suspension. The decision is based on policy continuity, with some tariff reductions already implemented.
Import tax reductions for the people of Sri Lanka under a free trade agreement with Singapore has been halted, suspending the implementation of the deal.
