Sri Lanka will sign Free Trade Agreements with China and Singapore very soon.
The FTA agreement between Sri Lanka and China is being discussed now said Chairperson of the Export Development Board Ms Indira Malwatta.
When completed Chinese companies will enjoy market access to South Asia through the Free Trade Agreements that Sri Lanka has already entered into with India and Pakistan.
Once the FTA is signed there will be an opportunity for both countries to access each other’s markets, she said.
In the future Sri Lanka is expected to enter into another FTA with Singapore. Hence Sri Lanka is a well integrated nation in the Asian region in terms of market access.