Investment Opportunities – Board of Investment of Sri Lanka
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 | Trade Access (No. of items under Zero Duty concession) | Market Access | |
|---|---|---|---|---|
|
|
The Indo-Lanka Free Trade Agreement (ISLFTA) |
Year 2000 |
4,200 products of Sri Lankan origin |
1.3 Billion |
|
The Pakistan-Sri Lanka Free Trade Agreement (PSLFTA) |
Year 2005 |
4,600 products from Sri Lanka |
197 Million |
|
|
The Free Trade Agreement (FTA) between Sri Lanka and Singapore |
Year 2018 |
Gives access to investments and services beyond trade in goods |
5.6 Million |
GSP+
| Trade Access | Market Access | |
|---|---|---|
|
GSP+ |
6,200 out of 7,200 tariff lines |
511.8 Million |
These four markets alone combine to present an opportunity to reach approximately 2 billion people, when establishing your enterprise in Sri Lanka.
An added advantage for a company locating to Sri Lanka is the preferential trade access gained to two large regional blocs under the South Asian Free Trade Area (SAFTA) and the Asia-Pacific Trade Agreement (APTA).