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Facilitating Trade Between India and Sri Lanka

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Part of the book series: South Asia Economic and Policy Studies ((SAEP))

Abstract

Trade between India and Sri Lanka changed significantly with the India-Sri Lanka Free Trade Agreement (ISFTA) coming into operation in March 2000. Total trade between the two countries has grown sevenfold during the past 14 years, and India is now the largest trading partner and a main source of foreign direct investment (FDI) for Sri Lanka. For India, Sri Lanka was the largest trading partner in SAARC as well as the largest export market in the South Asian region in 2014.

This chapter is an abridged version of working by the authors: Jayarante, S. and Wijayasiri, J. (2016), Facilitating Trade between India and Sri Lanka, Working Paper Series No. 22. Colombo: Institute of Policy Studies of Sri Lanka.

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Correspondence to Janaka Wijayasiri .

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Jayaratne, S., Wijayasiri, J. (2020). Facilitating Trade Between India and Sri Lanka. In: Raihan, S., De, P. (eds) Trade and Regional Integration in South Asia. South Asia Economic and Policy Studies. Springer, Singapore. https://doi.org/10.1007/978-981-15-3932-9_11

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