ISDS Case Map
Sri Lanka
Sri Lanka’s cabinet of ministers has approved a proposal to fast-track a free trade agreement with Thailand in the hopes of increasing exports to the Asian nation, Cabinet Spokesman Minister Bandula Gunawardana said.
The government has resumed measures to operationalise the Sri Lanka-Singapore Free Trade Agreement (SLSFTA) that came into effect in May 2018 which covers goods, services, investment, intellectual properties, telecommunications, e-commerce, trade facilitation, government procurement, competition and economic and technical co-operation.
The Chinese Minister of Commerce, Gao Hucheng, and the Sri Lankan Minister of Economic Development, Basil Rajapaksa, signed a memorandum on the launch of the free trade agreement (FTA) negotiations, officially announcing the launch of bilateral FTA negotiations.
Thailand will launch the second free trade area (FTA) negotiations with Sri Lanka, in a bid to strengthen the economic partnership between the two countries, according to the Department of Trade Negotiations.
Officials from Thailand are scheduled to arrive in Sri Lanka on Monday to start the third round of talks after negotiations were suspended in 2018, said K.J. Weerasinghe, Sri Lanka's Chief Negotiator of Free Trade Agreements (FTAs).
Sri Lanka will soon resume talks with India on the stalled Economic and Technological Cooperation Agreement (ETCA), authorities said, as Colombo looks to trade pacts and foreign direct investments to rebuild its crisis-hit economy.
Talks between Beijing and Colombo over a free-trade agreement that began in 2014 have resumed, according to Sri Lankan ambassador to China, Palitha Kohona.
The ongoing economic crisis and challenges of penetrating the Chinese market are making Sri Lanka cautious about concluding a Free Trade Agreement with China, despite pressure.
Sri Lanka will step up efforts to revive a stalled free trade pact with Singapore, President Ranil Wickremesinghe told the city state's premier.
Sri Lanka is ready to implement the Free Trade Agreement (FTA) with Singapore, President Ranil Wickremesinghe said.
