Abstract
Sri Lanka and India took an important step towards achieving free trade in South Asia by signing a free trade agreement in December 1998. After a prolonged period of negotiations and discussions, this historic Indo-Lanka Free Trade Agreement (ILFTA) finally came into effect in March 2000. It is regarded as a significant step towards establishing a free trade area (FTA) in South Asia under the auspices of the South Asian Free Trade Agreement (SAFTA), which has now reached the final stage of negotiations. SAFTA is a formal economic integration scheme initiated under the umbrella of the South Asian Association for Regional Cooperation (SAARC). The latter was formed in 1985 with representation from Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan, and Sri Lanka.
| Original language | English |
|---|---|
| Pages (from-to) | 309-329 |
| Journal | South Asia: Journal of South Asian Studies |
| Volume | 26 |
| Issue number | 3 |
| DOIs | |
| Publication status | Published - 2003 |
Keywords
- International Economics and International Finance
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