Sri Lanka – Thailand FTA to be signed next year

COLOMBO (News 1st); The proposed Sri Lanka – Thailand Free Trade Agreement (SLTFTA) is expected to be signed on the 3rd of February 2024, said the Department of Government Information.

It added that the signing will be take place subsequent to the completion of the rounds of discussions by December 2023. 

In concurrence with the agreements entered at rounds 06 and 07 of the said discussions, the Cabinet of Ministers decided to grant approval to the customs levy releasing programme of Sri Lanka which had been prepared to enable the release of 80% of the combined categorized serial numbers within a period of 15 years based on the combined categorized serial numbers of 2022, to partially release 5% of the combined categorized serial numbers within a  period of 15 – 18 years, and to include the remaining 15% of the combined categorized serial numbers to the minus list, when the President submitted the same to them for their consent, said the Department of Government Information.