Sri Lanka has preferential and free trade agreements with India, Pakistan, Iran, Egypt, Singapore and Israel. It is currently in the processing of upgrading its agreement with India to a much more comprehensive one.
Sri Lanka is also party to SAFTA, the agreement on a South Asia Free Trade Area, as well as BIMSTEC, which aims to hammer out a regional FTA.
last update: May 2012
Photo: Sri Lankan engineers’ association
Sri Lanka and Thailand have expressed hope to revive talks on a free trade deal, after two rounds of negotiations.
Sri Lanka’s apex investment promotion body, Board of Investment (BOI), is eyeing five new trade agreements with key trading partners—Japan, China, European Union (EU), United States and United Kingdom (UK)— over the next three years.
Poland is keen to enter into a Free Trade Agreement with Sri Lanka, but it has to be initiated by the European Union office in Colombo.
Sri Lankan International Trade Minister plans to hold ministerial-level discussions with Indian counterparts during his visit to India this week, in order to resume trade negotiations.
Chinese trade with the island nation is booming even while Indian trade seems stuck. The recent rise of China-Sri Lanka economic relations has been the subject of much discussion, debate, and analysis.
The assessments are done for the four proposed FTAs namely, ETCA with India, Singapore-Sri Lanka FTA, Thailand-Sri Lanka FTA, and China-Sri Lanka FTA.
Sri Lanka and China have agreed to resume the stalled free trade agreement (FTA) negotiations.
The Government is to review the progress in Free Trade Agreement (FTA) talks with China, India and Thailand.
Sri Lanka and Pakistan have signed Free Trade Agreement (FTA) but some certain issues need to be resolved
Following criticism levelled at the Sri Lanka – Singapore FTA, Sri Lanka has decided to review all feasibility studies of all proposed FTAs