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INDIA-SRI LANKA
India-Sri Lanka FTA
 Interactive trade indicators

Technical notes for performance indicators
Performance Indicators :
Member Countries

India Sri Lanka

Free Trade Agreement between the Republic of India and the Democratic Socialist Republic of Sri Lanka

Status : Signed in 1998 .  In force since 2001
Scope : Bilateral
Type : Free Trade Agreement
WTO Notification : Enabling Clause 2002
Agreement text : 
http://www.commerce.nic.in/trade/international_ta_indsl_1.asp
Other links : 
http://www.commerce.nic.in/trade/international_ta_indsl.asp
WTO consideration process : 
http://rtais.wto.org/rtadocs/72/RelatedDocuments/Factual%20Abstract/English/India-Sri%20Lanka%20(FA)%20(goods).doc
GOODS
Tariffs
Positive/negative List outlined in Annexes A, B
Full 100% margin advantage in 3 to 8 years
Rules of Origin
See Annex C: Change in tariff classification
Value Added Minimum 35%
No specific manufacturing process necessary
Contingency Measures
   Anti - Dumping : Use of domestic measures allowed in cases of dumping, see Art IX
   Countervailing Duties : 
   Safeguards : Allowed, see Article X

Standards : 
Notes:
Additional information at http://mba.tuck.dartmouth.edu/cib/trade_agreements_db/archive/India-SriLanka.pdf
SERVICES
WTO Notification (GATS Art. V)
       Date of notification

       Consideration Process : 


Liberalization Approach

Modes Covered

Specific Chapters on

Specific Sectors Excluded

Public Sectors carve-out :

Most Favoured Nation :

National Treatment :

Market Access :

Domestic Regulation :

Subsidies covered by services disciplines :

Denial of benefits for commercial presence :
          


Notes :
          


Link to schedules :
INVESTMENT
Scheduling Approach

Definition of investment

Most Favoured Nation :
                           
National Treatment :
                           
Fair and Equitable Treatment :
                           
Expropriation :
                           
Board of Directors and executive personnel :

Invester - State arbitration :

Denial of Benefits :
          


Additional BIT exists between the parties :
          BIT list I :
                    Status:
          BIT list II :
                    Status:

Notes :
          


Link to schedules :
TRADE FACILITATION
Customs procedures : No
Customs valuation : No
Trade regulations publication and administration (transparency) : No
E-Commerce / Paperless trade : No
Cooperation in trade facilitation : No
OTHER AREAS
Government Procurement : No
Investment : No
Competition Policy : No
Intellectual Property : No
Dispute Settlement : Yes
Labor Mobility : No
Labor and Environmental Standards : No
Technical cooperation : No
Institutional mechanism : No
Notes:
Additional link on http://www.worldtradelaw.net/fta/agreements/indsrifta.pdf
RULES OF ORIGIN
Cumulation
Bilateral
Specific Process
No specific process necessary
Heading Change
Tariff Heading Change necessary (4-digit level)
De Minimis
n.a.
Minimum Content
35% minimum content, FOB value
Drawback
n.a.
Http Link
http://commerce.nic.in/ilfta.htm
Notes
Contained in Annex C
INDIA-SRI LANKA
India-Sri Lanka FTA

Member Countries
India
Sri Lanka
Total: 2 countries

Free Trade Agreement between the Republic of India and the Democratic Socialist Republic of Sri Lanka

Status : Signed in 1998 .  In force since 2001
Scope : Bilateral
Type : Free Trade Agreement
WTO Notification : Enabling Clause 2002
Agreement text : 
http://www.commerce.nic.in/trade/international_ta_indsl_1.asp

Other links : 
http://www.commerce.nic.in/trade/international_ta_indsl.asp

WTO consideration process : 
http://rtais.wto.org/rtadocs/72/RelatedDocuments/Factual%20Abstract/English/India-Sri%20Lanka%20(FA)%20(goods).doc
GOODS
Tariffs
Positive/negative List outlined in Annexes A, B
Full 100% margin advantage in 3 to 8 years

Rules of Origin
See Annex C: Change in tariff classification
Value Added Minimum 35%
No specific manufacturing process necessary

Contingency Measures
Anti - Dumping : Use of domestic measures allowed in cases of dumping, see Art IX
Countervailing Duties : 
Safeguards : Allowed, see Article X

Standards : 

Notes:
Additional information at http://mba.tuck.dartmouth.edu/cib/trade_agreements_db/archive/India-SriLanka.pdf


SERVICES
WTO Notification (GATS Art. V)
Date of notification :
Consideration Process :

Liberalization Approach

Modes Covered

Specific Chapters on
Specific Sectors Excluded
Public Sectors carve-out :

Most Favoured Nation :

National Treatment :

Market Access :

Domestic Regulation :

Subsidies covered by services disciplines :

Denial of benefits for commercial presence :


Notes:

Link to schedules :

INVESTMENT
Scheduling Approach

Definition of investment

Most Favoured Nation :

National Treatment :


Fair and Equitable Treatment :


Expropriation :


Board of Directors and executive personnel :

Invester - State arbitration : No

Denial of Benefits :


Additional BIT exists between the parties :No

BIT list I :
Status:
BIT list II :
Status:

Notes :


Link to schedules :

TRADE FACILITATION
Customs procedures : No
Customs valuation : No
Trade regulations publication and administration : No
Use of ICT : No
Mobility of business people : No
Freedom of transit : No
Transport and logistics : No
Trade finance : No

OTHER AREAS
Government Procurement : No
Investment : No
Competition Policy : No
Intellectual Property : No
Dispute Settlement : Yes
Labor Mobility : No
Labor and Environmental Standards : No
Technical cooperation : No
Institutional mechanism : No

Notes:
Additional link on http://www.worldtradelaw.net/fta/agreements/indsrifta.pdf


RULES OF ORIGIN
Cumulation
Bilateral
Specific Process
No specific process necessary
Heading Change
Tariff Heading Change necessary (4-digit level)
De Minimis
n.a.
Minimum Content
35% minimum content, FOB value
Drawback
n.a.
Http Link
http://commerce.nic.in/ilfta.htm

Notes
Contained in Annex C
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