Strong trade agreements need 30-50 consultations
Wednesday, 20 June 2018
Coming from a multinational working background, I strongly support free trade given that open competition tends to sharpen our skillset and thereby make us sharper in our work whilst meeting high ethical standards.
FTAs drive exports
Given that Sri Lanka has just a few trade agreements under its belt whilst competitive countries like Bangladesh have over 10 FTAs, the recently-signed agreement with Singapore was a good move. The logic is that if we are to make Sri Lanka a 20 billion dollar export business from the current 11.4 billion dollar export performance, we must have more access to markets, driving market penetration.
