It’s mostly about this chapter on public procurement: www.bilaterals.org/IMG/pdf/doc6.pdf
One part of the issue is that the US wants (wanted) to include anti-corruption provisions that go beyond TPP but the EU doesn’t have the mandate to negotiate corruption matters. Anti-corruption provisions are the competency of member states.
24-Jan-2018
Ministry of Development Strategies and International Trade has not conduct any feasibility study or an impact assessment of any of these FTAs. They are blindly believing that signing of those FTAs will start foreign direct investments to flourish. There are scientific and systematic approaches to assess the economic impact of a proposed preferential trade agreement. Unfortunately, people who are responsible are neither bothered to assess the impact nor to do a feasibility study, instead they are so keen to get FTAs in place with the countries which Sri Lanka is heavily importing while countries like India is keen on signing FTAs with their top exporting nations. The officials of the ministry are clueless when they are asked how the government could recover the loss to the government income due to removal of 90% of goods imported from our three main import countries.