The India - Sri Lanka
Free trade agreement entry into force in 2000.
The India - Sri Lanka Comprehensive Economic Partnership Agreement (CEPA) provides duty free market access to
India and Sri Lanka. India has agreed
to permit limited quantities of imports of tea and garments from Sri Lanka. Tea
quota will be 15 million kilogram annually and garments 8 million pieces.
Sri Lanka is the biggest
International trade partner nation of India in the South Asian Association for Regional Cooperation (SAARC) region.
Bilateral trade between India and Sri Lanka has grown 4 times in the last
9 years increasing from 658 million USD in 2000 to 2.719 million USD in 2009.
The top exports of India to Sri Lanka are: Petroleum,
International Transport Equipments, Cotton, Yarn Fabrics, Sugar, Drugs Pharmaceuticals
The top exports of Sri Lanka to India are: spices, electrical Machinery, Transport Equipments, Pulp
and Waste, Natural Rubber and Paper
Example of the course India - Sri Lanka Comprehensive Economic Partnership Agreement (CEPA):
India Free trade agreements
EENI in Hindi: मास्टर विदेश पार