Prime Minister Ranil Wickremasinghes US visit will bring Sri Lanka once step closer to building a free trade area spanning two continents.
The Comprehensive Economic Co-operation Agreement (CEPA) between India and the Sri Lanka which is due to be signed in less than six months, will further integrate Sri Lankas economic ties with her giant neighbour.
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rnA trimmer negative list, and changes in rules of origin, is set open up more opportunities for trade with India.rn
rnA US FTA on one side and a CEPA on the other, will leave Sri Lanka straddling a free trade area from India to the United States.rn
rnDiscussions lquote on the movement towards a free trade agreement is figuring high on the Prime Ministers meeting with President Bush this week.rn
rnldblquote The indications are promising, dblquote Minister G L Pieris said at the last post-cabinet news briefing.rn
rnldblquote There is a great deal of work to be done but we are confident about a positive outcome and these negotiations will be hel