What Is Etca Agreement

Post di admin del 15 Ottobre 2021 in

There are two documents, a framework and the agreement itself. Only the framework document is to be signed in the coming weeks. It is essentially a question of opening real negotiations. So there is still a lot of time to panic and change things. Unlike goods, services mean that people can cross borders. Indian IT professionals could work in Sri Lanka and Sri Lankan IT professionals could work in India. This means they could compete for jobs, which worries a lot of people. The secrecy and lack of transparency surrounding the agreement does not help. This is largely because the document itself is not (officially) public, but we have an unofficial copy here and some quick FAQs. This article won`t tell you if the deal is good or bad, but it will try to roughly state what it is. IT APPEARS THAT THE GOVERNMENT IS DETERMINED TO MOVE FORWARD with the India-Sri Lanka Economic and Technological Cooperation Agreement (CETA), which consolidates all previously failed trade and industrial agreements. The National Professional Front (PNF) apparently appealed to the Indian High Commissioner out of desperation, calling for a standout of negotiations until a Sri Lankan trade policy was formed, as requested by experts. Ironically, the Indian High Commissioner is a strong supporter of ECTA on behalf of the Indian government, which is urgently interested in implementing the agreement for obvious reasons by negotiating with teams that have been moving from one country to another for some time.

The Indian High Commissioner makes public statements on the positive aspects of the free trade agreement, benefiting both countries in “win-win” situations to improve market access by proposing/proposing a give-and-take process for free trade agreements. It should be noted that the powerful 19-member delegation led by K.T. Weerasinghe returned from India in the eighth cycle with positive notes and adjustments after fruitful consultations that continue in Sri Lanka. The statements of Dr Sally (successor to Dr Saman Kelegama, a prominent advocate and activist of ECTA) of a university college in Singapore – State Councillor and Chairman of the Board of The Institution of Policy Studies, appointed by the President, declared on the 26th. This raises doubts among Sri Lankan professionals as to whether the policy applied to Singapore, a small strip of land without resources but a global entrepreneur, could be applied to Sri Lanka, a country with diverse atmospheres and resources, ideal for agriculture, the richness of the sea/soil and excellent ports on the island, full of greenery, lots of water, natural beauty, etc. that are not found in Singapore. Therefore, the search for advice for Sri Lanka in/for the Sri Lankan way should be carefully monitored on the basis of Sri Lanka`s economy and developments in order to carry out foreign and trade policy with the participation of local patriotic academics and professionals with the careful support of foreign experts….