Article: India - Sri Lanka economic relations: A Case of CEPA

Article from:
Daily Mirror
Article date:
January 26, 2009
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Colombo, Jan. 26 -- The bilateral economic and commercial relations between India and Sri Lanka continued to remain strong and vibrant in 2008. Despite the global economic downturn, the overall trade turnover for 2008 is likely to remain around the same level as it was in 2007 at about US 3.2 billion. In terms of investments, too, India retained its position as a leading foreign investor in Sri Lanka even while Sri Lankan investments in India registered a remarkable growth. Besides, India continued to make a significant contribution as a development partner, Sri Lanka being the largest recipient of aid, grants and concessional lines of credit in South Asia.

Bilateral Trade and the Free ...

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