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 ...
Indo-Aus FTA on track to be sealed by year end
Source: PTI Prime Minister Narendra Modi and the Prime Minister of Australia, Malcolm Turnbull in their first bilateral meeting on the sidelines of G20 Summit 2015, in Turkey on Sunday The Indo-Australia free trade agreement is on track to be sealed by the end of the year but “issues” in India could impact plans for realising the deal, Trade Minister Andrew Robb has said. The minister's latest remark came at a time when Prime Minister Narendra Modi is set to meet his Australian counterpart Malcolm Turnbull and discuss the trade pact on the sidelines of the G20 summit in Turkey on Monday. The trade pact is likely to dominate talks between both the leaders who on Sunday night announced the completion of all the ...