Picture courtesy of Ministry of Commerce
Thailand and Sri Lanka are on track to finalise a bilateral free trade agreement (FTA) by the close of this year. The chief of trade negotiations has indicated that the signing of the agreement is expected by early February next year. Chotima Iemsawasdikul, the director-general of the Trade Negotiations Department, disclosed that Thai and Sri Lankan officials are set to convene for the eighth round of FTA discussions from November 27 to 29, hosted by Thailand.
Subsequent free trade agreement negotiations are planned for December in Sri Lanka, to reach a substantial conclusion. Chotima further mentioned a final round of talks, to be conducted by Sri Lanka, in alignment with the goal for the FTA to be inked on February 3, next year. This date is significant as it coincides with Sri Lanka’s independence day.
Despite…
