ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Indo-Sri Lanka Free Trade Agreement

How Free Is It?

Prospects of bilateral trade between India and Sri Lanka seem to have been boosted by the Free Trade Agreement of 1998. The vast Indian consumer market could serve as an entry point for Sri Lankan exports as 'first movers' before other potential competitors. The perceived advantages of this claim will depend on the pace of tariff reforms in India and the necessary export surplus that Sri Lanka can generate.

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