Source from Sri Lanka
 
 
Supportive Business Environment


Sri Lanka apparel industry is well supported by conducive economic environment of Sri Lanka

Hub Regulation

The opportunities and freedom offered by the new hub regulation in business has made Sri lanka a friendly partner for business.

       Hub regulation offers

Front end services to clients abroad

Product Design and Development

Supply chain management including financing

Sampling, testing, quality checking related services

Headquarter Operations of leading buyers

Quality control Activities and more


Well developed Infrastructure network covering air transportation, logistics and power generating plants

In recent years the Colombo Port has evolved into a major transshipment hub accrediting the buyers to exploit the advantage over Sri Lanka’s location. Adjoining that, transportation of Sri lanka is brought to an improved connectivity enabling smoother operations in the industry.
 hambanthota-development-sanvardhanaya-image


Sri Lanka is a regional hub for services including financial and IT based services



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The journey from Sri Lanka’s humble beginnings is replaced today with modern technologies and sophisticated machinery, speedy delivery and the presence in digital and e-commerce platforms. Sri Lanka is moving aggressively towards digitalization through e- commerce, e- business and virtual business, which enables a direct link to the European markets which operates in the age of digital presence.

 

Trade Concessions and Trade Agreements

Availability of trade concessions under Multinational and Bi lateral agreements provides additional trade benefits to the markets when buying from Sri Lanka.Sri Lanka already has free trade agreements with both India and Pakistan.Currently similar FTA is being negotiated with China and Sri Lanka is maintaining cordial diplomatic and economic relationships with many countries in the world.


Below is a list of Trade Concessions and FTAs.
  • The Generalized System of Preferences (GSP)

To read more on GSP please visit :

Overview:http://www.doc.gov.lk/web/index.php?option=com_content&view=article&id=118&Itemid=121&lang=en
GSP Handbooks:http://www.doc.gov.lk/web/index.php?option=com_content&view=article&id=72&Itemid=122&lang=en

  • Asia-Pacific Trade Agreement

To read More on APTA Please Visit :
overview:http://www.doc.gov.lk/web/index.php?option=com_content&view=article&id=123&Itemid=129&lang=en
Duty Concessions:http://www.doc.gov.lk/web/index.php?option=com_content&view=article&id=124&Itemid=130&lang=en
Rules of Origin:http://www.doc.gov.lk/web/index.php?option=com_content&view=article&id=125&Itemid=131&lang=en

  • Indo-Sri Lanka Free Trade Agreement (ISFTA)

To read More on ISFTA Please Visit :
Overview:http://www.doc.gov.lk/web/index.php?option=com_content&view=article&id=113&Itemid=115&lang=en
Framework Agreement:http://www.doc.gov.lk/web/index.php?option=com_content&view=article&id=110&Itemid=112&lang=en
Rules of origin:http://www.doc.gov.lk/web/index.php?option=com_content&view=article&id=112&Itemid=114&lang=en
Duty Concessions:http://www.doc.gov.lk/web/index.php?option=com_content&view=article&id=111&Itemid=113&lang=en

  • Pakistan – Sri Lanka Free Trade Agreement (PSFTA)

Read More :

Overview:http://www.doc.gov.lk/web/index.php?option=com_content&view=article&id=114&Itemid=117&lang=en
Framework Agreement:http://www.doc.gov.lk/web/index.php?option=com_content&view=article&id=115&Itemid=118&lang=en
Rules of origin:http://www.doc.gov.lk/web/index.php?option=com_content&view=article&id=117&Itemid=119&lang=en
Duty concessions:http://www.doc.gov.lk/web/index.php?option=com_content&view=article&id=116&Itemid=120&lang=en

  • SAARC Preferential Trading Arrangement

Read more :
Overview:http://www.doc.gov.lk/web/index.php?option=com_content&view=article&id=119&Itemid=124&lang=en
Framework Agreement:http://www.doc.gov.lk/web/index.php?option=com_content&view=article&id=120&Itemid=125&lang=en
Rules of origin:http://www.doc.gov.lk/web/index.php?option=com_content&view=article&id=121&Itemid=126&lang=en
Duty Concessions:http://www.doc.gov.lk/web/index.php?option=com_content&view=article&id=122&Itemid=127&lang=en

  • South Asian Free Trade Agreement

Read More :
Overview:http://www.doc.gov.lk/web/index.php?option=com_content&view=article&id=135&Itemid=134&lang=en
Framework Agreement:http://www.doc.gov.lk/web/index.php?option=com_content&view=article&id=136&Itemid=135&lang=en
Rules of Origin:http://www.doc.gov.lk/web/index.php?option=com_content&view=article&id=137&Itemid=136&lang=en
Duty Concessions:http://www.doc.gov.lk/web/index.php?option=com_content&view=article&id=138&Itemid=137&lang=en