Trade

Trade
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International trade and export orientation is pivotal for Sri Lanka’s economic growth.  However, export growth has remained stagnant in the past decade. Sri Lanka’s exports are heavily concentrated in markets and products where its competitive advantages are diminishing. Verité’s research...
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Access for key exportable products needed in Sri Lanka-China FTA: Verité
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For Sri Lanka to benefit from the planned free trade deal with China, it needs to reduce barriers for its small number of key exportable products, a new study has said. This is because a limited number of products contribute...
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SL – China FTA would result in higher gains for Sri Lankan exports: Study
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Sri Lanka – China FTA would result in higher gains for Sri Lankan exports compared to products imported from China which are already entering Sri Lanka duty free, a recent study showed. The study carried out by the Economics Research...
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Thrice-proposed EXIM Bank plan on the back-burner
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Sri Lanka has put the proposal made to establish an EXIM Bank on the back burner despite a pressing need of export finance for the acceleration of the country’s exports, a study conducted by an independent think tank revealed. The...
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Exporters want proposed development bank with EXIM window fast-tracked
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Exporters urge the Development Strategies and International Trade Minister Malik Samrawickrama to fast-track the implementation of the budget proposal to set up a development bank with an EXIM (export-import) window, which is crucial to address the current hardships faced by...
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Sri Lanka-China FTA: Challenges and Opportunities
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Sri Lanka and China decided to enter into a Free Trade Agreement (FTA) in August 2013 to further expand trade between the two countries. Technical negotiations, which officially commenced in September 2014, are still underway with five rounds of negotiations...
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Reforms imperative to resolve structural and institutional bottlenecks
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Among the conclusions of the New Thinkers’ Symposium were that economic reforms are urgent; that institutional misalignment, misidentified reforms, and data deficiencies are key structural and institutional bottlenecks hampering the successful implementation of Vision 2025; and that the most severe...
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Sri Lanka-China FTA: Challenges and Opportunities
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Sri Lanka and China decided to enter into a Free Trade Agreement (FTA) in August 2013 to further expand .....
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Sri Lanka’s economic competitiveness: a microcosm of its politics?
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The Global Competitiveness Index (GCI), ranks the competitiveness of economies. The GCI score is calculated using two types of indicators: objective (or measurable) indicators and sentiment (or subjective) indicators. While Sri Lanka has experienced a steady increase in the objective...
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Sri Lanka-Singapore FTA heads in the right direction
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The conclusion of a Free Trade Agreement between Sri Lanka and Singapore is an indication of a positive signal that Sri Lanka was ready to open up to the outside world and engage with them, said Chief Negotiator of the...
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