FTA Archives - Lanka Puvath

Written by:chanaka inojPosted on:15th July 202415th July 2024

(LANKAPUVATH | COLOMBO) – President Ranil Wickremesinghe highlighted the history of the “Urumaya” program, which was initiated in 2002 and 2003 but was subsequently halted due to a court decision. He emphasized that if the program had been implemented 20 years ago, the people of this country could have been granted free land rights earlier. The President further stated that judicial power remains within Parliament and reiterated his longstanding view that the judiciary should not…

Written by:lankapuvathheroadminPosted on:31st July 201731st July 2017

It was announced last month that Sri Lanka and Thailand have come to a consensus on a free trade agreement (FTA). Thailand has proposed a memorandum of understanding (MoU) on a Strategic Economic Partnership (SEP) with Sri Lanka as a stepping stone towards a fully-fledged FTA.

Written by:lankapuvathheroadminPosted on:31st July 201731st July 2017

The – Indo-Sri Lanka Economic And Technology Cooperation Framework Agreement (ECTA). Following the relatively weak performance of the Sri Lanka-India FTA, ECTA is intended to boost trade and deepen the economic partnership between Sri Lanka and India.

Written by:lankapuvathheroadminPosted on:31st July 201731st July 2017

The proposed FTA between the two countries is often touted as being Sri Lanka’s gateway to Southeast Asia and Singapore’s gateway to Indian Ocean. Singapore and Sri Lanka officially launched negotiations for a FTA on 18th July 2016.

Written by:lankapuvathheroadminPosted on:31st July 201731st July 2017

The Bilateral Free Trade Agreement between the two countries will be Bangladesh’s first FTA. Many are looking at this agreement as a litmus test. Can a FTA between two relatively small developing economies significantly boost bilateral trade?

Written by:lankapuvathheroadminPosted on:31st July 201731st July 2017

Last week Minister of Industry and Commerce, Rishad Bathiudeen said that his ministry was preparing for the 7th round of talks with Chinese counterparts on an FTA between the two countries. He referred to the six sessions as being successful adding that entering Chinese markets would be immensely beneficial and would serve as an impetus for trade.