Sri Lanka likely to fast track trade pacts with India
The Dollar Business Bureau In an attempt to alleviate the Brexit impact, Sri Lanka, on Tuesday, stated that it will put the proposed trade pacts with India on fast track. Harsha de Silva, Deputy Foreign Minister, hopes to accelerate the Free Trade Agreement with China and Economic and Technical Cooperation Agreement with India. Similar trade pacts are also expected to be inked by Sri Lanka with South Korea and Japan, he added. Harsha de Silva was a part of the delegation that was sent to United Kingdom to campaign for Britain’s ‘Remain’ in European Union. However, the move was censured by the opposition parties. De Silva, in defence, stated that the decision to campaign for ‘Remain’ was in the best interests of Sri Lanka. The exit of ...
India, Lanka to sign ETCA by mid-2016
Indian delegation is due to visit the country early next month to finalise the draft agreement and the government will go ahead signing it, said Sri Lankan in his address to Parliament The Dollar Business Bureau The Sri Lankan PM was said to have expressed more willingness over the pact terming it as beneficial to Sri Lankans In a step-ahead move enhancing bilateral ties, India and Sri Lanka seem to be all set to sign the Economic and Technical Cooperation Agreement (ETCA) bymid-2016, extending cooperation in economy and technical cooperation in various fields. An official announcement in this regard was reportedly made by the Sri Lankan Prime Minister Ranil Wickremesinghe on Tuesday in his address to the Sri Lankan Parliament. Indian delegation is due ...
