ISDS Case Map
Sri Lanka
Sri Lanka is accelerating its efforts to join the Regional Comprehensive Economic Partnership, the world’s largest free trade agreement, as the Cabinet of Ministers has approved a proposal to complete and submit the initial questionnaire required for accession.
The Sri Lankan Prime Minister Harini Amarasuriya has called for an upgrade to the 1998 India-Sri Lanka Free Trade Agreement, highlighting the need to deepen bilateral ties amidst Sri Lanka’s recovery.
According to official updates from the commerce ministry, the country has accelerated discussions on free trade agreements with key partners across multiple regions.
Sri Lanka and Nepal discussed at length the potential for entering into a Free Trade Agreement, covering goods such as gems and jewellery, mineral sands, phosphate, rice, sugar, and garments.
China and Sri Lanka are discussing a free trade agreement. A Chinese delegation will attend a trade and investment forum in Colombo. They will explore strengthening economic cooperation. Memoranda of understanding are expected to be signed.
This paper analyses the broad asset based definition of investment in the BITs signed by four South Asian countries, namely Bangladesh, Pakistan, India and Sri Lanka.
As a Sri Lankan delegation met US trade representative Jamieson Greer in Washington D.C. to discuss reciprocal tariffs, both sides agreed to continue discussions aimed at finalising a bilateral trade agreement.
Sri Lanka and China have agreed to work toward an early conclusion of a comprehensive free trade agreement, both countries said in a joint statement.
Singapore’s Foreign Minister Vivian Balakrishnan revealed that Sri Lanka, Bangladesh, and Hong Kong are interested in joining the Regional Comprehensive Economic Partnership (RCEP), which currently has 15 members after India withdrew due to concerns over its trade imbalance with China.
Sri Lanka has requested India to expand the quota to export under the Indo-Lanka Free Trade Agreement to 50 million units from the current 8 million after President Donald Trump slapped a 44 percent tax on the island.
