Trade Agreements Signed By Sri Lanka

Pl. visit India`s website for ISFTA tariff concessions and other India customs information: Sri Lanka`s trade relations with India marked a historic milestone in the signing of the India-Sri Lanka Free Trade Agreement on 28 December 1998 as Sri Lanka`s first bilateral free trade agreement. The ISFTA came into force on March 1, 2000. The ISFTA is now fully implemented, with both parties fulfilling their progressive obligations under the Tariff Liberalisation Programme (TLP), as explained below. Products of Indian origin exported under the ISFTA to Sri Lanka are currently duty-free, with the exception of 1,180 TL products that are included in the Netherlands under the ISFTA. Products of Sri Lankan origin exported to India are currently duty-free, with the exception of the following categories of Rules of Origin (ROC) Criteria for export products that are not fully obtained in Sri Lanka or products in Sri Lanka (with imported inputs).