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Sri Lanka

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


Indian trade officials will travel to Sri Lanka to discuss Vanaspathi oil
A high level team of Indian trade officials will arrive in Sri Lanka next week to finalise the quotas for cooking oil and bakery shortening exported from Sri Lanka to India, says the Secretary to the Sri Lankan Ministry of Trade, R.M.K. Rathnayaka.
Lanka offers free trade pact to Bangladesh
Sri Lanka has mooted a free trade agreement (FTA) with Bangladesh citing its positive experience with the ones it has signed with India and Pakistan.
All local Vanaspati factories shut down after India tightens imports
All Sri Lankan factories producing Vanaspati oil have shut down, after controversial Indian regulations to restrict duty free exports of the vegetable oil to India.
Singapore mulls FTA with Lanka
Singapore is keen on entering into an FTA with Sri Lanka, Minister of Enterprise Development and Investment Promotion Rohitha Bogollagama said on Wednesday.
Indo-Sri Lanka free trade agreement a success to Sri Lanka: Minister Fernandopullai
Indian government has agreed to provide a 70% tax concession for 2,802 goods exported from Sri Lanka to India, says Minister of Trade, Commerce, Consumer Affairs and Marketing Development Jeyaraj Fernandopulle, appraising the Indo-Sri Lanka Free Trade Agreement as a success to Sri Lanka.
Sri Lanka’s free trade agreement with Pakistan
By having preferential access to the two major markets in South Asia - India and Pakistan - Sri Lanka can now position itself as the conduit for Indo-Pakistan trade that has diminished due to political problems centred around the Most Favoured Nation treatment.
US says no quick free trade deal with Sri Lanka
The United States warned Sri lanka against banking on a quick free trade deal to fix its economic woes and urged the island to restore peace and open its markets.
Sri Lanka, US Free Trade Pact Uncertain - Ambassador
A free trade agreement between Sri Lanka and the U.S. isn’t a certainty and even if it does happen, it isn’t guaranteed to solve the country’s trade difficulties, the U.S. ambassador to Sri Lanka said Tuesday.
Sri Lanka to focus on putting its trade basket in order this year, before venturing into new agreements
Sri Lanka’s Commerce Department says all recently started trade negotiations will go on hold over the rest of the year, until priority commitments are sorted out.
Sri Lanka and Pakistan to implement free trade agreement from June
A Sri Lanka-Pakistan Free Trade Agreement will come into effect next month, Sri Lanka’s trade minister said Friday, in a deal expected to double the amount of trade between the two.