Trade Agreements

International trade is regulated by unilateral barriers such as tariffs, non tariff barriers and outright prohibitions. The economic gains from international trade could be reinforced and enhanced when many countries or regions agree to a mutual reduction in trade barriers. Sri Lanka is a signatory for many bilateral & multilateral trade agreements, beneficial in enhancing commercial relationships and facilitation of trade & investment by reducing/eliminating tariffs, import quotas, export restrictions and other trade barriers. Trade agreements often include investment guarantees and can also help to minimize trade deficits.

  • Indo-Sri Lanka Free Trade Agreement (ISFTA)

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  • Tariff Concessions for Sri Lanka under Pakistan – Sri Lanka Free Trade Agreement

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  • Norwegian Generalized System of Preference (GSP) Plus Scheme

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