Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/101276 
Authors: 
Year of Publication: 
2014
Series/Report no.: 
ADBI Working Paper No. 458
Publisher: 
Asian Development Bank Institute (ADBI), Tokyo
Abstract: 
The India-Sri Lanka Free Trade Agreement has been in operation for more than a decade. The paper provides the Sri Lankan perspective of the Free Trade Agreement (FTA) highlighting both the positive outcomes and the negative aspects. The paper shows that the FTA has worked in favor of Sri Lanka but its full potential has not yet been realized due to market access problems in India, and the lack of supply capacity for some products in Sri Lanka. The India-Sri Lanka Comprehensive Economic Partnership Agreement addressed many of the negative aspects of the FTA in a broader economic integration framework but was unable come into operation due to public misconceptions and lack of entrepreneurial and political leadership in Sri Lanka.
Subjects: 
bilateral free trade agreements
economic integration
free trade agreement
economic partnership agreement
JEL: 
F13
F15
Document Type: 
Working Paper

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