A storm is brewing over renewed negotiation of the proposed Indo-Sri Lanka Comprehensive Economic Partnership Agreement (CEPA) after Indian Prime Minister Narendra Modi threw the ball in the Sri Lankan court saying India was interested in finalising this agreement.
Sri Lanka and Japan plan to formulate and sign a Free Trade Agreement in 2015, the Sri Lanka-Japan Business Co-operation Committee has announced.
The Indian High Commission in Sri Lanka last week denied reports that the country was pushing Sri Lanka to revive the much discussed Comprehensive Economic Partnership Agreement (CEPA) solely due to the former’s interest.
In a surprise move, the new Sri Lankan government is bringing back the long-pending CEPA with India to the negotiating table after Prime Minister Narendra Modi’s "gentle persuasion".
Prime Minister Narendra Modi today assured Sri Lanka that it will take steps to address the concerns arising out of the two-way merchandise trade between both neighbours even as he pitched for having a Comprehensive Economic Partnership Agreement (CEPA).
Sri Lankan President Maithripala Sirisena has said that he deliberately avoided having Comprehensive Economic Partnership Agreement (CEPA) with India on the agenda during his recent visit to New Delhi.
Sri Lanka says a free trade agreement between Sri Lanka and Bangladesh could boost current levels of bilateral trade by seven-fold and such a FTA is in the works.
The proposed free trade agreement between Sri Lanka and China is to be signed in June 2015, and not end 2014, Sri Lankan government officials have said.
Sri Lanka and the United States inked a joint trade and investment agreement on Wednesday in Colombo.
The Pakistan Automotive Manufacturers Association (PAMA) has urged the Pakistan government to put automobiles and auto parts in the negative list of the Free Trade Agreement (FTA) with Sri Lanka to safeguard Pakistani manufacturers against the entry of cheaper Indian products manufactured in Lanka.
Sri Lanka and Bangladesh have begun exploring the possibility of a Free Trade Agreement (FTA) between the two countries, the Industries and Commerce Ministry said in a statement on Tuesday.
During Chinese President Xi Jinping’s visit to the island this week, the two sides will launch negotiations on a China-Sri Lanka free trade agreement.
Sri Lanka will focus on increasing trade and investment with China as well as broadening the scope of a proposed Free Trade Agreement (FTA), a top official said on Tuesday.
The possibility of a first ever official trade agreement with one of the most discerning Asian suppliers to Sri Lanka has edged closer to reality.
Pakistan, Sri Lanka’s second largest trade partner in the region, has indicated interest in expanding its free trade agreement (FTA) trade with the island, creating growth in bilateral trade, which already exceeds the US $ 460 million mark, according to Sri Lanka’s trade ministry.
Sri Lanka and China have completed the joint feasibility study for establishing a free trade agreement between the two countries and will push ahead with signing it before the end of the year, a statement from the Finance Ministry said on Thursday.
China and Sri Lanka could sign a free trade agreement by the end of the year, state news agency Xinhua cited Sri Lanka’s foreign minister as saying, a move that will help cement Colombo’s growing economic and diplomatic ties with Beijing.
The feasibility study on the highly-anticipated Sri Lanka-China Free Trade Agreement (FTA) is underway and due to be completed by March with eventual signing of the deal slated for before end 2014, an official said here on Thursday.
Efforts to drive the Sri Lankan apparel sector into a new growth phase may hinge on the success of the potential free trade agreement (FTA) in the offing with China, according to Joint Apparel Association Forum (JAAF) Secretary General Tuli Cooray.
Sri Lanka’s second largest trade partner in SAARC, Pakistan, is hungry for more Lankan exports in the coming year-while also closely looking at Sri Lanka’s sugar sector for entry.