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Thailand, Sri Lanka sign free trade agreement Blogs

With the approval of the Cabinet of Ministers, negotiation of  FTA with Thailand was commenced in 2018. Since initiation , nine rounds of extensive negotiations between the two countries were held on 14 Chapters & relevant Annexes of the agreement. The Sri Lanka Thailand Free Trade Agreement (SLTFTA) is comprehensive in scope and covers areas on Trade in Goods, Rules of Origin, Sanitary and PhytoSanitory Measures, Technical Barriers to Trade , Trade Remedies, Trade in Services, Investment, Customs Procedure and Trade Facilitation , Economic Cooperation, Intellectual Property, Initial Provisions, Institutional and Final Provisions, Transparency and Dispute Settlement.

Subsequent to the approval of the  Cabinet of Ministers, the SLTFTA was signed on the 3rd February 2024, in Sri Lanka.