Access To Key Markets

Sri Lanka’s strategic location provides great opportunities to enter into free trade and partnership agreements with several Asia’s trade powerhouses.

Free Trade Agreements
FTAEffective YearMarket Access
(No. of items with Zero Duty)
Population
  The Indo - Lanka Free Trade Agreement (ISLFTA)Year 20004,228 tariff lines (6-digit level)1.35 Billion
  The Pakistan - Sri Lanka Free Trade Agreement (PSLFTA)Year 20054,676 tariff lines (6-digit level)212 Million
  Sri Lanka - Singapore FTA (SLSFTA)Year 2018Gives access to investments and services beyond trade in goods5.6 Million
EU GSP+
 

Market Access

(No. of items with Zero Duty)

Population

6,400 tariff lines (8-digit level) 

445 Million 

USA GSP+
Market Access (No. of items with Zero Duty) Population

3,500 tariff lines (8-digit level) 

328Million 

These four markets alone combine to present an opportunity to reach over 2 billion people, when establishing your enterprise in Sri Lanka.

An added advantage for a company locating to Sri Lanka is the preferential market access gained to two large regional blocs under the South Asian Free Trade Area (SAFTA) and the Asia-Pacific Trade Agreement (APTA).