Sri Lanka and Bangladesh start mapping historic FTA in Colombo

Tuesday, 23 September 2014 02:12 -     - {{hitsCtrl.values.hits}}

As bilateral trade jumped by 67%, Sri Lanka and Bangladesh began exploring the possibility of a historic Free Trade Agreement yesterday in Colombo. While it would be the first-ever FTA for Bangladesh, for Sri Lanka, it is an entry point to a huge regional economic corridor. “There are many sectors where both countries have comparative advantages; in some Sri Lanka is strong, Bangladesh in others. I hope that this FTA, at least the possibility of signing it, will bring the two countries closer.