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Demystifying regional services trade agreements
Summarises basic features of a regional services trade agreement with specific reference to India and Sri Lanka
Cotton yarn to come under amended FTA soon
The Indian Government and the Sri Lankan Government will renew the Free Trade Agreement (FTA). The Ministry is planning to include the import of yarn in the FTA.
Parliament: FTA favours India
The balance of trade between Sri Lanka and India continues to be highly in favour of that country since the signing of the Free Trade Agreement between the two nations, Sri Lanka’s Parliament was told today.
FCCISL, FPCCI sign agreement
A Memorandum of Understanding (MoU) was signed between the Federation of Chambers of Commerce and Industry of Sri Lanka (FCCISL) and Federation of Pakistan Chambers of Commerce and Industry (FPCCI) at the Sri Lanka-Pakistan Business Forum 2010 yesterday.
Surprised By FTA Request
Sri Lanka’s request for a free trade agreement (FTA) with Japan came as a surprise, a Japanese official speaking on the grounds of anonymity told The Sunday Leader.
Role of Imports in the Sri Lankan Economy
"It is an honour to be the Chief Guest at the AGM of the Import Section of the Ceylon Chamber of Commerce. I thought that it will be appropriate to share some of my views of the import sector of Sri Lanka so as to identify its current role in the Sri Lankan economy and its role in the future.
Shrouded in secrecy
Director General Commerce Department Gomi Senadhira let the cat out of the bag when he told a seminar on the proposed Comprehensive Economic Partnership Agreement (CEPA) last Friday, that it was an agreement which was originally due to have had been signed in 2008 when Indian Premier Manmohan Singh visited the island for the SAARC summit, based on contents already agreed upon.
Commerce Dept: No intention to hide facts in CEPA
The Government has no intention to hide the facts in the proposed Comprehensive Economic Partnership Agreement (CEPA) between India and Sri Lanka and all the details will be made public before agreement is signed, a senior official said.
Lanka to expand trade with Bangladesh
Trade between Sri Lanka and Bangladesh will grow due to the vast opportunities in both countries to expand business, said High Commissioner of Bangladesh, Mahbub Uz Zamman.
Sri Lanka told time running out for new trade deal with India
Sri Lanka could lose more opportunities to access India’s huge market owing to delays in striking a new economic partnership deal with her neighbour, the Indian envoy in Colombo has warned.
Indo – Lanka FTA not up to expectations since a decade
Ten years after the implementation of the Free Trade Agreement (FTA) between India and Sri Lanka which came into full existence in March 1, 2000, most heads of Sri Lankan chambers of commerce and industries say that its performance is not up to expectation even after a decade.
Sri Lanka rejects EU’s rights conditions for trade benefits, saying they violate sovereignty
Sri Lanka’s trade benefits with the world’s biggest consumer market are due to expire Aug. 15. The EU had asked Sri Lanka to give a written commitment by July 1 pledging to improve human rights before it would consider renewing them.
DNA wants a CEPA debate
The Democratic National Alliance in Sri Lanka has decided to ask for a parliamentary debate on the proposed Comprehensive Economic Partnership Agreement to be signed with India and asked the government to disclose the contents of the agreement.
CEPA signing likely to delay
Although Governments of India and Sri Lanka have shown keen interest in expediting their mutual trade pact, the Comprehensive Economic Partnership Agreement (CEPA) is likely to get delayed after local business leaders have expressed grave concerns over its impact on Sri Lankan economy.
Catastrophic Economic Partisan Agreement (CEPA) with India means disaster
The India-Sri Lanka agreement is like the story of two farmers who share a cow by owning two equal halves of the cow. They tied a rope around the belly of the cow. One owned the front part and the other the rear. Farmer who owned the rear got all the economic benefits including milk, calves and even manure while the other paid for it!
President says no deal to unfair trade agreements
President Mahinda Rajapaksa on Tuesday said Sri Lanka would not enter into trade agreements that would have an adverse effect on the country’s economy when he met a group of protestors against the implementation of a comprehensive economic partnership agreement (CEPA) with India.
Protest against CEPA
A large group of Sri Lankan entrepreneurs, businessmen and workers launched a protest outside the Liberty Plaza complex at Kollupitiya yesterday, opposing the CEPA trade agreement with India.
Protests in Sri Lanka over proposed trade pact with India
Hundreds of protesters took to the streets in the capital Colombo Tuesday demanding Sri Lanka’s government abandon a proposed trade pact with neighbouring India.
Paranoia does not prevent trade, Lanka should go for CEPA with India Prospects for deeper South Asian economic integration improves-IMF
The International Monetary Fund (IMF) believes that South Asia’s prospects for a regional grouping have greatly improved and that prospects for deeper economic integration within the region and with the rest of Asia would continue to improve in future.
Indo-Lanka FTA is 10 years old
The Free Trade Agreement between India and Sri Lanka is 10 years old and a top trade economist says trade between the two South Asian neighbours have improved and that Sri Lanka should consider upgrading the agreement into a comprehensive economic partnership.