- SL and Thailand are engaged in expedited negotiations for an FTA, aiming to conclude negotiations by early 2024
- Both countries share a strong interest in expanding their trade ties, with SL seeking preferential access to Thailand’s market and Thailand keen to tap SL as a gateway to SA and ME
- A new IPS study finds substantial gains in bilateral trade from a comprehensive FTA
Sri Lanka and Thailand are engaged in expedited negotiations for a free trade agreement (FTA) to enhance bilateral trade, facilitate trade activities and promote investments.
The two nations aim to complete the discussion rounds by the beginning of 2024. A new publication by the Institute of Policy Studies of Sri Lanka (IPS) delves into the potential benefits and challenges of this proposed FTA.
The study titled ‘Unveiling Trade Potential: An Ex-Ante Analysis…
