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The Indo-Sri Lanka Free Trade Agreement (ISFTA), which was signed on 28th December 1998 and entered into force with effect from 1st March 2000, provides duty free concessions to a wide range of products traded between the two countries.
‘Handbook on the India-Sri Lanka Free Trade Agreement’ aims at facilitating a better understanding of the close economic and commercial partnership that has resulted between the two countries following the entry into force of the FTA.
The products of Indian origin exported to Sri Lanka under ISFTA are duty free at present, except the products of 1,180 TLs included in the NL of Sri Lanka under ISFTA. Pl. visit the following website of Sri Lanka for the ISFTA duty concessions and other tariff information of
The India-Sri Lanka Free Trade Agreement (ISFTA) has been in operation for more than a decade. India has now emerged as the largest and the most balanced trading partner of Sri Lanka with a high level of exports and imports taking place between the two countries.
The Government of India shall grant duty free access to all exports from Sri Lanka in respect of items freely importable into India, except on items listed in Annex D of this Agreement, in accordance with the phase out schedule detailed below:
India-Sri-Lanka Free Trade Agreement (ISFTA) RULES OF ORIGIN. Short title/commencement. These rules may be called the rules of Determination of Origin of Goods under the Free Trade Agreement between the Democratic Socialistic Republic of Sri Lanka and the Republic of India. Application.
CONVINCED of the need to establish and promote free trade arrangements for strengthening Intra-regional economic cooperation and the development of national economies. FURTHER RECOGNISING that progressive reductions and elimination of obstacles to bilateral trade through a bilateral free trade agreement (hereinafter
