Thailand and Sri Lanka ink free trade agreement to enhance bilateral commerce

Thailand and Sri Lanka signed a FTA to boost trade, expand to South Asia, and cooperate on clean energy and more.

Thailand and Sri Lanka Sign Free Trade Agreement to Enhance Bilateral Trade

• Thailand and Sri Lanka signed a free trade agreement aimed at enhancing market opportunities and fostering economic growth for both countries.
• The FTA covers trade in goods, investment, customs procedures, and intellectual property rights, providing tremendous business opportunities for the private sectors of both nations.
• The agreement is expected to benefit Thailand’s exports of automotive parts, textiles, electrical appliances, machinery, steel products, paper, processed food, and animal feed, while also promoting liberalized air services between the two countries.

Thailand and Sri Lanka officially signed a free trade agreement (FTA) in Colombo, with the aim of strengthening bilateral trade….