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Aug 21, 2018·Sri Lanka and Singapore have recently signed a bilateral free trade agreement (SLSFTA). Apart from being a comprehensive and modern FTA in scope and coverage, the SLSFTA paves the way for Sri Lanka’s greater integration with ASEAN and possible future entry in RCEP. Reflecting on the challenges for optimising the benefits of SLSFTA, this paper ...
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Sep 28, 2021·The Sri Lankan government has taken steps to improve trade facilitation in line with the WTO Trade Facilitation Agreement. A National Trade Facilitation Committee (NTFC) was established in 2016. Sri Lanka launched an online trade information portal in July 2018.
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Sep 19, 2018·The SLSFTA consists of 17 chapters and is the most comprehensive trade agreement Sri Lanka has signed to date. 2. Trade in Goods The agreement covers over 7000 tariff lines (product categories), 50% of which is custom duties eliminated immediately. Another 30% of tariff lines will be opened up over a 12-year period.
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Aug 29, 2003·Sri Lanka-Singapore FTA signed without proper consent: [Sri Lanka] President. Colombo Page. 10 Dec 2018. 'Singapore FTA: Sri Lanka's stepping stone to ASEAN market'. Sunday Observer. 16 Sep 2018. Sri Lanka would lose out if Singapore FTA is abandoned: Trade Expert. economynext. 7 Sep 2018.
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Sri Lanka has free trade deals with both India and Pakistan. Two-way trade between Sri Lanka and the United States was approximately $3.24 billion in 2021. The same year, California exports to Sri Lanka totaled over $49 million. Additional Information Sri Lanka Export Development
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Sep 29, 2022·The Government led by Gotabaya Rajapaksa had raised concerns over the FTA and had proposed several amendments. Sri Lanka signed the Sri Lanka – Singapore Free Trade Agreement (SLSFTA) on 23 January 2018 and the Agreement was brought into operation with effect from 1 May 2018.