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
| FTA | Effective Year | Market Access (No. of items with Zero Duty) | Population |
|---|---|---|---|
 The Indo - Lanka Free Trade Agreement (ISLFTA) | Year 2000 | 4,228 tariff lines (6-digit level) | 1.35 Billion |
 The Pakistan - Sri Lanka Free Trade Agreement (PSLFTA) | Year 2005 | 4,676 tariff lines (6-digit level) | 212 Million |
 Sri Lanka - Singapore FTA (SLSFTA) | Year 2018 | Gives access to investments and services beyond trade in goods | 5.6 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).