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Prime Content | 
India-Sri Lanka FTA: A closer look at garment industry dynamics

27 Aug '24
7 min read
India-Sri Lanka FTA: A closer look at garment industry dynamics
Pic: Adobe Stock

Insights

  • India-Sri Lanka FTA has facilitated economic cooperation, particularly in the garment sector.
  • However, Sri Lanka struggles to fully leverage the Indian market, hindered by a quota limiting garment exports to eight million pieces, which it hasn't met in recent years.
  • Expanding the FTA to include more goods and services could benefit both countries.

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