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South Asian Free Trade Area. The South Asian Free Trade Area (SAFTA) is a 2004 agreement that created a free-trade area of 1.6 billion people in Afghanistan, Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan and Sri Lanka with the vision of increasing economic cooperation and integration. [1] One of the major goals was to reduce customs ...
Indian Prime Minister Narendra Modi and Sri Lankan President Maithripala Sirisena. The Economic and Technology Co-operation Agreement (ETCA) is a proposed diplomatic arrangement that seeks to add to the existing free trade agreement between the Republic of India and the Republic of Sri Lanka, primarily in relation to trade-in services and the service sector; it seeks to emulate a proto freedom ...
The India Mercosur Preferential Trade Agreement is an example of a PTA. [2] A free trade agreement (FTA) also involves reducing or eliminating tariffs on items traded between the partner countries; however each maintains individual tariff structure for non-members. The key difference between an FTA and a PTA is that PTAs have a positive list of ...
Havelock City is a large mixed-use real-estate project in Colombo, Sri Lanka. The Residential component of the project consists of 8 residential towers and the Commercial component of the project consists of a 46-storey office tower and a Shopping Mall built to international standards. It is popular for its clubhouse, 7-acre garden, and the ...
On 6 June 1997, a new sub-regional grouping was formed in Bangkok under the name BIST-EC (Bangladesh, India, Sri Lanka, and Thailand Economic Cooperation). [10] [11] Following the inclusion of Myanmar on 22 December 1997 during a special Ministerial Meeting in Bangkok, the Group was renamed ‘BIMST-EC’ (Bangladesh, India, Myanmar, Sri Lanka and Thailand Economic Cooperation).
Iceland, China-Iceland Free Trade Agreement (2014) Switzerland, [16] China-Switzerland free trade agreement (2014) Australia, China-Australia Free Trade Agreement (2015) South Korea, China-South Korea Free Trade Agreement (2015) Georgia, China-Georgia Free Trade Agreement (2017)
447 Luna Tower is a residential development under construction in Colombo, Sri Lanka.At 44 storeys, the building will be one of the most recognizable buildings in Union Place, Colombo.This residential development is soon to be seen among the residential giants of the Colombo cityscape, accompanied by 202 luxury living spaces spanned over 44 stories. 447 Luna Tower [1] is a perfect blend of ...
Since a bilateral free trade agreement was signed and came into effect in 2000, Indo-Sri Lankan trade rose 128% by 2004 and quadrupled by 2006, reaching US$2.6 billion. [ 36 ] [ 37 ] Between 2000 and 2004, India's exports to Sri Lanka in the last four years increased by 113%, from US$618 million to $1,319 million while Sri Lankan exports to ...