In Sri Lanka’s pursuit of transforming into a high-income country by 2048 involving trade negotiations with countries like Thailand, the Sri Lanka Thailand Free Trade Agreement (SLTFTA), was signed, during the visit of Thai Prime Minister Srettha Thavisin and his delegation of business dignitaries today (03) at the Presidential Secretariat.
This move aims to enhance market opportunities, with negotiations covering various aspects such as Trade in Goods, Investment, Customs Procedure, and Intellectual Property Rights.
Minister of Trade, Commerce, and Food Security, Nalin Fernando, represented Sri Lanka by signing the agreement, while Phumtham Wechayachai, Deputy Prime Minister and Minister of Commerce, represented Thailand by signing the accord.
Thailand, the 37th exporting destination of Sri Lanka, holds significant economic importance, with a GDP of USD 495…
