ISDS Case Map
Sri Lanka
The Free Trade Agreement between Sri Lanka and Pakistan will be further expanded to services and investment in keeping with a bilateral discussions between President Mahinda Rajapaksa and Pakistan Prime Minister Syed Yusuf Raza Gilani, yesterday.
Sri Lanka and Kuwait successfully concluded negotiations on the proposed Bilateral Investment Promotion and Protection Agreement (IPPA) between two countries. This will be Sri Lanka’s first ever IPPA with a Gulf country.
The Department of Commerce said this week that under the Sri Lanka-Pakistan Free Trade Agreement (FTA), Pakistan has confirmed duty free status to 4,500 Sri Lankan products.
The President of the Sri Lanka Nepal Business Council of the Federation of Chambers of Commerce and Industry of Sri Lanka said that Nepal had approached Sri Lanka about entering into a free trade agreement.
The President of the Sri Lanka Nepal Business Council of the Federation of Chambers of Commerce and Industry of Sri Lanka (FCCISL) said that Nepal had approached Sri Lanka about entering into a free trade agreement.
The health minister from Tamil Nadu, who is running a relentless battle against tobacco use, has proposed that all types of tobacco products should be placed in the negative list of the free trade agreement (FTA) between India and Sri Lanka.
President Mahinda Rajapaksa will attend the summit conference of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) to be held in New Delhi on November 13. President Mahinda Rajapaksa is also scheduled to have a bilateral meeting with India's Prime Minister Dr. Manmohan Singh.
Concerns are growing that an economic pact between India and Sri Lanka has been indefinitely put off.
Inadequate regulatory and monitoring measures, say local businesses, allowed corruption into the Indo-Lanka FTA implementation and allowed unscrupulous investors to violate local laws and benefit from the FTA.
This article is written in recognizing the numerous opinions floating around in Sri Lanka in respect of the proposed Comprehensive Economic Partnership Agreement (CEPA) with India. Most of the public discussions and paper articles on CEPA, which we see today, are either based on personal or political sentiments or absolute analysis of numerical figures. The whole purpose of this article is to give a holistic and comparative analysis based on facts and figures explaining the current status of the FTA with India.
