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Indo-Sri Lanka Trade In Services: FTA II And Beyond

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  • Nisha Taneja

Abstract

India and Sri Lanka are in the process of negotiating Comprehensive Economic Partnership Agreement. In this context, the study shows that since there has been an increase in services trade between the two countries, the inclusion of services in the agreement (CEPA) would give an impetus to trade. The study shows that there is scope for Indian investment in several sectors in Sri Lanka and also scope for mutual co-operation in sectors such as tourism and audio-visual and cultural services. Sri Lanka could gain from skill and technology transfer from India. It is perceived that FTA could play a more meaningful role in co-operation. Some of the key suggestions made in the study relate to Mutual Recognition Agreements, relaxation of the visa regime, reduction in telecommunication charges etc. An analysis of the developments in Indo-Sri Lanka trade in services since the signing of the Comprehensive Economic Partnership Agreement is studied. Also, the anomalies in the request approach have to be addressed through FTA. [Working Paper No. 145]

Suggested Citation

  • Nisha Taneja, 2007. "Indo-Sri Lanka Trade In Services: FTA II And Beyond," Working Papers id:939, eSocialSciences.
  • Handle: RePEc:ess:wpaper:id:939
    as

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    References listed on IDEAS

    as
    1. Bernard Hoekman & Carlos Braga, 1997. "Protection and Trade in Services: A Survey," Open Economies Review, Springer, vol. 8(3), pages 285-308, July.
    2. Arpita Mukherjee & Aditi Mody & Nisha Taneja & Ruchika Sachdeva, 2003. "Indo-Singapore trade in services: Enhancing co-operation," Indian Council for Research on International Economic Relations, New Delhi Working Papers 98, Indian Council for Research on International Economic Relations, New Delhi, India.
    3. Mattoo, Aaditya & Rathindran, Randeep, 2006. "Measuring Services Trade Liberalization and Its Impact on Economic Growth: An Illustration," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 21, pages 64-98.
    4. Mattoo, Aaditya, 2001. "Shaping future GATS rules for trade in services," Policy Research Working Paper Series 2596, The World Bank.
    5. Ramkishen Rajan & Rahul Sen, 2002. "SingaporeÂ’s New Commercial Trade Strategy: the Pros and Cons of Bilateralism," Centre for International Economic Studies Working Papers 2002-02, University of Adelaide, Centre for International Economic Studies.
    Full references (including those not matched with items on IDEAS)

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