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Prospects of Regional Economic Cooperation in South Asia by Gordhan Saini

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8

The impact of the India-Sri Lanka FTA: prospects for a comprehensive economic partnership agreement

Gordhan K. Saini and P. Nayak

Abstract:

This chapter discusses the main provisions of the India-Sri Lanka FTA (ISFTA) and analyzes its performance from the trade perspective. The ISFTA is evaluated to gauge its impact on exports and imports of key sectors of both countries, identifying sectors which have gained due to preferential tariff concessions or are likely to gain in the future. Lastly, key service sectors have been identified where significant potential for bilateral cooperation exists and deeper integration under the CEPA framework is suggested.

Key words

regional trade agreement

India-Sri Lanka FTA

economic partnership agreement ...

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