Professionals’ National Front (PNF), a collective of professional organizations, yesterday requested President Maithripala Sirisena to suspend talks on the Indo-Sri Lanka Economic and Technology Co-operation Agreement (ETCA) scheduled for February 21 in New Delhi.
Sri Lanka wants a longer-time period to negotiate a free trade agreement with China as it is concerned about the economic impact of a rushed deal on their small country, the Sri Lankan ambassador said.
The recently signed Sri Lanka-Singapore Free Trade Agreement has been able to create a lot of enthusiasm among New Zealand companies operating in Singapore.
Sri Lanka wants a longer-time period to negotiate a free trade agreement with China as it is concerned about the economic impact of a rushed deal on their small country, the Sri Lankan ambassador said on Sunday.
The Singapore government has rejected a request from the Sri Lankan government for the movement of natural person (mode 4) be completely opened under the Free Trade Agreement.
So what does the government mean by ‘Looking East?’ Is it simply a buzz-word thrown in for good measure, in the process of marketing the Singapore FTA to the public? Does it point to some confusion at a policy level? Or is it terminology advised by external forces guiding policy?
Sri Lanka and Indonesia had agreed to study a free trade agreement during a state visit of President Joko Widodo to Colombo.
Sri Lanka and Singapore signed a Free Trade Agreement deepening the economic ties and facilitating greater trade flows between the two countries.
Professional National Front, an alliance of the professional associations and trade unions have observed serious violations of the law, best practices and hence the good governance in the negotiation process of the free trade Agreement. They took steps to inform all ministers of the cabinet including the president, in writing but their plea has not been heard.
Ahead of the Sri Lankan government’s move to sign a Free Trade Agreement (FTA) with Singapore, a collective of professional movements have expressed grave concerns and stated that there were serious violations of the law, best practices and good governance in the negotiation process of the agreement.
Singapore will sign a free trade agreement (FTA) with Sri Lanka this week - its 13th bilateral deal and, significantly, its first since the Trans-Pacific Partnership (TPP) faced a setback last year when the United States withdrew from it.
The Sri Lankan Cabinet has approved the proposed Free Trade Agreement (FTA) to be signed with Singapore
Unlike trade negotiations with behemoths such as India and China, politically-backed protests have not taken place against the Sri Lanka-Singapore FTA negotiations.
President Maithripala Sirisena and the visiting Prime Minister of Malaysia Dato’ Sri Mohd. Najib bin Tun Abdul Razak agreed to expand trade relations between the 2 countries further.
The key objective of ETCA is to resolve the implementation issues on the existing free trade agreement with India.
The arrangement will establish regular senior officials’ talks to facilitate trade and investment.
If one analyses the costs and benefits then it isn’t that difficult to realize that ETCA is a decision by one country and the other is just obeying.
Sri Lanka is likely to sign a Free Trade Agreement with Singapore in October as the island country looks to attract more foreign investments
Sri Lankan industrialists have voiced concern over a proposed free trade agreement with China and government plans to reduce import tariffs that protect them, saying they feared they might not be able to compete.
Sri Lanka has signed a $1.1bn (£837m) deal with China for the control and development of the southern deep-sea port of Hambantota.