Course summary India - Sri Lanka Comprehensive Economic Partnership
Agreement (CEPA)
India - Sri Lanka Free Trade Agreement (ISLFTA), which was signed in
1998, has become operational in 2000. The Agreement provides
duty free market access to both
the countries on a preferential basis in a phased manner. India has also agreed
to permit limited quantities of imports of tea and garments from Sri Lanka. Tea
quota will be 15 million kilogram per annum and garments 8 million pieces.
Sri Lanka is India’s largest trading partner country in the SAARC region.
The bilateral trade between India and Sri Lanka has grown four times in the last
nine years increasing from US $ 658 million in 2000 to US $ 2719 million in
2009.
The main Indian exports to Sri Lanka are Petroleum (Crude & Products),
Transport Equipments, Cotton, Yarn Fabrics, Sugar, Drugs Pharmaceuticals & Fine
Chemicals.
The main Sri Lankan exports to India are, spices, electrical Machinery
except electronic, Transport Equipments, Pulp & Waste, Natural Rubber and Paper
Board.
Example of the course India - Sri Lanka Comprehensive Economic
Partnership Agreement (CEPA):
The South Asian Association for Regional Cooperation (SAARC)
was established when its Charter was formally adopted on December 8, 1985 by the
Heads of State or Government of Afghanistan, Bangladesh, Bhutan, India,
Maldives, Nepal, Pakistan and Sri Lanka. Until 2009 China, Japan, Republic of
Korea, USA, Iran, Mauritius, Australia, Myanmar and the European Union have
joined SAARC as Observers.
Related Foreign Trade Courses and
masters: Master Business in Asia - Master in Emerging Markets
- Master International Business MIB for Indian students
- Master International Business
for Sri Lankan students
Negocios en India
EENI In Hindi: मास्टर विदेश पार
EENI International Business
.
