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Sri Lanka


Sri Lanka to further delay trade agreement with India
Sri Lanka is expected to delay the decision to sign a comprehensive trade agreement with India that would encourage bilateral trade, a top government official said on Tuesday.
Sri Lankan private sector to import entire basmati rice quota from Pakistan
Sri Lanka has agreed to import its entire basmati rice quota of 6,000 tonnes from Pakistan under the Free Trade Agreement (FTA) through the private sector from 2012.
Facilitator or obstacle: Pakistan, Sri Lanka to review free trade agreement
Pakistan and Sri Lanka on Tuesday agreed to hold negotiations for reviewing the six-year-old free trade agreement (FTA) which has become an obstacle instead of becoming a tool for liberalisation.
Pakistan and Sri Lanka agree to negotiate trade agreements in August
At the conclusion of the 10th session of Pakistan-Sri Lanka Joint Economic Commission on Tuesday the two countries have agreed hold Free Trade Agreement (FTA) review meeting and Comprehensive Economic Partnership Agreement (CEPA) negotiations in August 2011 in Colombo.
’Move forward’ on CEPA, add services, investment : Pakistan HC
’Moving forward’ on a Comprehensive Economic Partnership Agreement (CEPA) between Sri Lanka and Pakistan which also goes beyond only trade in goods outlined in the existing bilateral Free Trade Agreement (FTA), into services and investment promotion, will boost trade between both countries, according to Seema Ilahi Baloch, High Commissioner for Pakistan in Sri Lanka.
Strong Lankan campaign against CEPA agreement begins today
A spokesman for the anti-CEPA group, Managing Director Multichemi Group Samantha Kumarasinghe said that CEPA is bound to cause serious harm to Sri Lanka. According to him the Indian authorities have consulted around 1000 Indian economists on CEPA. But in Sri Lanka’s case it was the opposite, he alleged.
Prospect for a Free Trade Agreement (FTA) between Sri Lanka and Japan has come under discussion at bilateral level
Given the strong economic, political and cultural ties shared by the two countries an FTA to further bolster bilateral trade had been a topic during a meeting between Japanese Ambassador Kunio Takahashi and Minister of Industry and Commerce Rishad Bathiudeen.
Indo-Lanka CEPA deadlock ends
The Sri Lankan government has broken an impasse over the Comprehensive Economic Partnership Agreement which has been dragging for several years, and decided to renegotiate some sections of the proposed agreement with India.
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.
International arbitration on SL oil hedging tomorrow
A dispute initiated by Deutsche Bank against the government of Sri Lanka will be a test case on whether derivatives contracts should be considered ’investments’ under bilateral investment treaties
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.