When it comes to free trade agreements, Sri Lanka should not lament about the trade deficit or the export basket but move forward with the rest of the world to gain maximum benefits from such FTAs. The India-Sri Lanka FTA has worked in favor of Sri Lanka but more work needs to be done to broaden and deepen it to reap the maximum benefits from it for Sri Lanka in an equitable manner.
Sri Lanka is currently negotiating a Free Trade Agreement (FTA) with China. In this article, Janaka Wijayasiri looks at Pakistan-China FTA, which has been in place since 2006 and draw important lessons for Sri Lanka.
This article argues that the ability of Sri Lanka’s forthcoming FTA with China to capitalize on the FTA depends on the country’s capacity to simultaneously address both tariff and non-tariff measures in China.
This article explores the benefits of a potential Singapore-Sri Lanka Free Trade Agreement, of which, negotiations were officially launched in July 2016.
With the proposed FTA between Sri Lanka and China, under negotiations, Nipuni Perera points out the need to bear in mind the complexity of entering and operating in the country when considering doing business in China.