| PAKISTAN-SRI LANKA |
| Pakistan-Sri Lanka FTA |
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| GOODS |
| Tariffs |
Negative list phased elimination of tariffs based on exlusion of products in three categories in Annex A and B. See notes below.
Tariff elimination/reduction in 3 years Pakistan, 5 years Sri Lanka
Elimination of all non-traiff barriers and equivalelnt measures on the movement of goods and services from the date in force |
| Rules of Origin |
Change of tariff heading at the 6-digit level
35% minimum content
No specific process required |
| Contingency Measures |
| Anti - Dumping : n.a. |
| Countervailing Duties : n.a. |
| Safeguards : Article VIII allows with notification and subsequent consultation; Article X calls for Balance of Payments measures |
Standards : Article IV list general exceptions (GATT Arts. XX and XXI) and the SPS Agreemnet |
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Notes:
For other products, Annex D contains schedule for traiff phase out, for pakistan to zero traiff in 3 years and for Sri lanka in 5 years. |
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| SERVICES |
WTO Notification (GATS Art. V) :
Date of notification
Consideration Process :
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Liberalization Approach :
Modes Covered
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Specific Chapters on
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Specific Sectors Excluded
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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 :
The Agreement does not cover trade in services.
Link to schedules :
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| 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 :
The Agreement does not cover investment.
Link to schedules :
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| 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 |
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| OTHER AREAS |
| Government Procurement : No |
| Investment : No |
| Competition Policy : No |
| Intellectual Property : No |
| Dispute Settlement : Yes Ac hoc consultations. If amicable solution not found, referral to an Arbitration Tribunal for a binding decision. Tribunal constituted by the Joint Committee.
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| Labor Mobility : No |
| Labor and Environmental Standards : No
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| Technical cooperation : No |
| Institutional mechanism : Yes Establishes Joint Committee to meet at least once a year to review the implementation of the Agreement. Article XI |
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Notes:
After a final protocol was signed on 9 February 2005, it is in full implementtaion since 12 June 2005.Joint Committee at the Ministerial level. |
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| RULES OF ORIGIN |
Cumulation
bilateral |
Specific Process
no specific process necessary |
Heading Change
6-digit level |
De Minimis
10% |
Minimum Content
35% |
Drawback
n.a. |
Http Link
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Notes
- |
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