ISDS Case Map
Sri Lanka
Sri Lanka is hopeful that whatever trade asymmetries remain, even after the adoption of the Indo-Sri Lanka free trade agreement (FTA), will be sorted out while finalising the comprehensive economic partnership agreement (CEPA) with India by the end of this year. This is according to a high-ranking Sri Lankan official.
The Pakistan-Sri Lanka Free Trade Agreement (FTA) has come into force from June 12, marking a new stage in regional economic integration.
India will grant more concessions to Sri Lanka in the apparel and clothing sector under the existing bilateral free trade agreement. New Delhi has agreed to remove the present annual cap of 1.5 million pieces of clothing per category in the sector.
With India entering into Free Trade Agreement (FTA) with Sri Lanka and other SAARC countries, a number of vanaspati manufacturers have shifted their production base there to avail concessions, sounding a death-knell for the domestic industry by rendering it non-competitive.
Pakistan and Sri Lanka will allow duty free access to hundreds of products on bilateral basis under the Free Trade Agreement (FTA), to be effective from June 12 this year.
A Sri Lanka-Pakistan Free Trade Agreement will come into effect next month, Sri Lanka's trade minister said Friday, in a deal expected to double the amount of trade between the two.
As free trade agreement between Pakistan and Sri Lanka is set to be effective from June 1st exporters believe the development would prove a boon to increase the trade figures by 100 percent and major imports from the Island are expected to cost 50 percent lesser.
Bangladesh is hesitant to take any practical move to sign free trade agreement (FTA) as it has been sitting on several proposals from many neighbouring countries that have done so among themselves for their own benefits.
Upcountry industrialists and business community have asked the economic managers to strictly monitor goods traded under the Free Trade Agreement (FTA) with Sri Lanka.
Vanaspati industry has appealed to Prime Minister Manmohan Singh to make suitable amendments in the free trade agreements (FTAs) with Nepal and Sri Lanka.
