Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.

Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

Submit Post
සිංහල පරිවර්තනය

Display results as :


Rechercher Advanced Search

Latest topics

» LLUB for short term?
by MRF Yesterday at 10:09 pm

by nirowat Yesterday at 10:08 pm

» AEL Declines to 20.9
by TuTanKaman Yesterday at 7:03 pm

by thankrishan Yesterday at 4:57 pm

» CFVF will cross 34/= level today ...
by thankrishan Yesterday at 4:56 pm

» Daily News Bulletin | දිනපතා ප්‍රවෘත්ති
by Sstar Yesterday at 4:48 pm

» CDB - Jounery Begun..
by mtsfernando Yesterday at 4:21 pm

» MACD A Powerful Tool to Predict Market Trends
by wiser Yesterday at 2:48 pm

» Market Sell Off
by DS Wijesinghe Yesterday at 1:18 pm

» Marriott International to open its first Sri Lankan hotel in 2014
by mahasona Yesterday at 12:09 am

by samaritan Tue Mar 20, 2018 7:20 pm

» No confidence motion and CSE
by samaritan Tue Mar 20, 2018 11:19 am

by Ran49 Tue Mar 20, 2018 7:39 am

» Wiser's TA Chart Room
by EquityChamp Mon Mar 19, 2018 3:23 pm

» HVA March reports
by Yazaar92 Fri Mar 16, 2018 3:32 pm

» Earn 1.5% daily interest.. guaranteed..
by Uaecoindubai Fri Mar 16, 2018 5:19 am

» At least 30 % return within 30 days
by Theekshana Thu Mar 15, 2018 9:28 pm

» Stocks we can buy at current situation
by Harry82 Thu Mar 15, 2018 5:55 am

» Sri Lanka Equity Research
by Mohamed Siraj Thu Mar 15, 2018 12:13 am

» A Humble Request to Fill Up an Online Survey for Research Purpose
by Mohamed Siraj Thu Mar 15, 2018 12:06 am

Forum Disclaimer

The information contained in this forum have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein. its blogs, forums, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever.

Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, its blogs, forums, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market News » Harsha says possible FTA with US

Harsha says possible FTA with US

Go down  Message [Page 1 of 1]

1 Harsha says possible FTA with US on Sat Nov 21, 2015 6:00 pm


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Sri Lanka is looking to consolidate trade ties with the United States of America with Deputy Minister of Foreign Affairs Dr. Harsha De Silva voicing the Government’s intention of striking a Free Trade Agreement (FTA) with the US at “some point” in the future.
The US is currently the single largest importer of Sri Lankan goods with 25% of its exports going to North America. As of 2014 Sri Lanka had exported $ 2.4 billion worth of goods to the US, while importing goods worth $ 350 million. De Silva believes these numbers show it is now the opportune moment to build on trade between the two nations.

“It is time for all of us to redouble our efforts to forge a stronger trade relationship with the US. This is something your [Sri Lankan] Government is seriously interested in doing,” he said, speaking at the opening of the US Trade Show 2015 in Colombo yesterday. 
“If we can at some point in time advance our discussions which started 12 years ago to culminate in a US-Sri Lanka FTA, we would want to do that. It is of course a long way ahead, but we are moving the discussion forward at the highest levels.”
While some may call a free trade pact with the US fanciful, Sri Lanka’s improving trade relations with the US gives more credence to the possibility. This fact was trumpeted by US Ambassador to Sri Lanka Atul Keshap, who shared his belief that moves made by the new Government have offered up “new and tremendous” business opportunities between the two countries.
“I believe that our two countries can do a tremendous amount together to enhance our economic relationship and expand our bilateral trade. That’s because the people of Sri Lanka have made clear their intent to leave aside the politics of the past in order to build a promising, unified future. And the Government of Sri Lanka has responded with plans to adopt policies that will make it easier for business to operate in and trade with Sri Lanka.”
Acknowledging Sri Lanka’s strategically advantageous geographic location, which naturally lends itself as a logistics hub as well as an attractive destination for expatriates, Keshap cited US Secretary of State John Kerry’s belief that Sri Lanka “has the potential to be the fulcrum of a modern Indo-Pacific region”. However, he noted achieving this vision would not be easy.
“American companies would like to see more economic policy consistency, a more fiscally stable government, and sustained enforcement of transparency policies in Sri Lanka,” he explained.
“American companies are looking invest in safe, stable and transparent policy environments, where they feel they can have long-term commitments. But I am confident President [Maithripala] Sirisena and Prime Minister [Ranil] Wickremesinghe and members of the business community can and will work together to make the tough reforms necessary.”

- See more at:

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum