India And Sri Lanka Re-Launch Negotiations On Economy And Technology

  • 12th round of negotiations on the Economic and Technology Cooperation Agreement.
  • In Colombo, Sri Lanka from 30th October 2023 to 1st November 2023.
  • Had 11 rounds of bilateral talks from 2016 to 2018.
  • Thereafter the negotiations were paused.
  • Sri Lankan delegation led by Mr K J Weerasinghe, Chief Negotiator and the Indian delegation led by Shri Anant Swarup, Joint Secretary in the Department of Commerce, Government & Chief Negotiator.
  • Discussions on various chapters including Trade in Goods, Technical Barriers to Trade, Sanitary and Phytosanitary Measures, Trade in Services, Custom Procedure & Trade Facilitation, Rules of Origin, Trade Remedies, Economic & Technology Cooperation and Dispute Settlement.
  • Decided to drop 9 issues as being resolved.
  • Issues such as the quota on apparel and pepper and the procurement of pharmaceuticals were discussed and discussed to explore new options for resolution.
Posted in Current Affairs.