Posted on: Thursday, February 05, 2009 ; 04:30 IST
Bilateral trade between Sri Lanka and Pakistan is expected to increase four-fold to US$ one billion in the near future with the recent signing of a free trade agreement between the two countries.
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Trade between India and Sri Lanka has increased six fold since the signing of the Free Trade Agreement (FTA) between the two countries in 2007.
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Posted on: Tuesday, September 02, 2008 ; 05:30 IST
Sri Lanka’s Enterprise Development and Investment Promotion Ministry is taking various steps to promote Sri Lankan gems and jewellery in the Southern India market.
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Sri Lanka and the US have decided to deepen their commitment to expand the two-way trade and investment between the two nations. The decision came during the sixth US-Sri Lanka Trade and Investment Framework Council meeting held recently in Washington.
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Talks between India and Sri Lanka to provide enhanced market access in the service sector, is in an advanced stage and an agreement is likely to be inked in the next few weeks.
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The two-way trade between India and Sri Lanka has quadrupled to US$2.7billion between 2000 and 2008 following the two nations entering into a Free Trade Agreement. The bilateral trade in 2000-01 stood at US$685million.
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RPTL signs power pact with western region power utilities
Reliance Power Transmission (RPTL), subsidiary of Reliance Infrastructure, India’s largest private sector enterprise in power utility, has signed power transmission agreement with eight entities from western India for two inter-state power transmission projects.
RPTL signed the agreement through its two Special Purpose Vehicles (SPVs) for the projects under the Western Region System Strengthening Scheme-II (WRSSS-II), entailing an investment of INR18 billion, for establishing 400 KV double circuit transmission lines of around 1,500 kms, mainly in Maharashtra Continue
