KARACHI: Humayun Akhtar Khan, the federal minister for commerce, said on Saturday that free trade agreement with Sri Lanka would be finalised in January next year while trade talks with India are linked with sustainable political dialogue between the two countries.
The recently signed India-Thailand FTA has stirred a hornet’s nest in India. It is being argued that India has shown unnecessary haste in signing the agreement without fully comprehending its economic implications for Indian industry.
Sri Lanka will enter into a free trade agreement with Egypt in January next year.
Sri Lanka and Pakistan are hoping to have another go at the belated free trade agreement between the two countries in November.
The Indo-Thai FTA is great news, but who will it benefit?
Bangladesh is yet to make any clear headway in its bilateral talks in free trade agreements with India, Pakistan and Sri Lanka as well as trade and investment framework agreement with the United States.
India and Sri Lanka are on the threshold of a Comprehensive Economic Partnership Agreement (CEPA), Sri Lankan Minister of Trade, Commerce and Consumer Affairs, Jeyaraj Fernandopulle said Friday.
Bilateral trade between India and Sri Lanka has grown by 128% after the free trade agreement (FTA) became operational in March 2000.
A delegation of members of the Southern Region Office of the Confederation of Indian Industry (CII) representing a variety of business enterprises called on Foreign Minister Lakshman Kadirgamar at the Ministry of Foreign affairs on August 31.
Sri Lankan Minister of Trade and Commerce and Consumer Affairs, Jeyaraj Fernandopulle concluded his four day visit to the US moving forward the bilateral trade and investment agenda.
The United States says it is keen to pursue a trade pact with Sri Lanka and agreed to meet in October to iron out issues.
A four-member Pakistani delegation will visit Sri Lanka from June 3 to June 10 to finalise the Free Trade Agreement (FTA) with the government of Sri Lanka and to attend the third meeting of the Committee of Experts (COE) on carrying forward the South Asian Free Trade Area (SAFTA) process.