Free Trade Agreement Between Pakistan And Sri Lanka Case...

Countries No of products in early sensitive list No of products in revised sensitive list(w.e. from. 1 January, 2012) Bangladesh 1233(LDCs) 1241(NLDCS) 987(LDCs) 993(NLDCS) Bhutan 150 156 India 480(LDCs) 868(NLDCS) 25(LDCs) 614(NLDCS) Maldives 681 154 Nepal 1257(LDCs) 1295(NLDCS) 998(LDCs) 1036(NLDCS) Pakistan 1169 936 Sri Lanka 1042 837(LDCs) 963 (NLDCS) Afghanistan 1072 858 http://saarc-sec.org/areaofcooperation/detail.php?activity_id=35 1.3. Pakistan-Sri Lanka: The free trade agreement between Pakistan and Sri Lanka (PSFTA) became effective from June 12, 2005. Under this treaty, Pakistan and Sri Lanka have established to offer better market access to each other’s’ goods by way of granting tariff reductions. Sri Lanka would be able†¦show more content†¦2. Literature Review: Numerous studies have been done to find the relationship between FTAs/PTAs and trade volume of between two countries. Trade incorporation is playing a vital role to surge trade flows between member countries. The number of FTAs and PTAs has increased rapidly during the past decades, involving developed and developing countries in all regions. There are various studies that discuss the trade integration between North-South, South–South and North-North region, trade gain among developing and developed countries, and the modelling approaches used to examine the effect of FTAs/PTAs on bilateral trade flows among member countries. Very few studies on FTAs and trade volume have been done in case of Pakistan. While going through different studies some of them have find mixed and inclusive result like (Abrams, 1980 and Frankel et al, 1995), Most of the recent studies found that FTAs/PTAs has raised the trade volume between associated countries.( Baier Bergstrand, 2007). However, the increase in trade volume is not similar in developed and developing countries. The less developed countries are un-natural trading partners because of their similar comparative advantage, same endowments, limited economic sizes and higher trade costs (Krugman, 1991 and Magee, 2003). Southern countries can play better role in North-South agreements than agreements among themselves, because of havingShow MoreRelatedSri Lankan Apparel Industry : Mas Holdings Post Mfa Essay examples5193 Words   |  21 PagesSri Lankan Apparel Industry : MAS Holdings Facing The Post MFA Era Prepared By: Sulatha Gengatharan Schulich School of Business York University, Canada April 18, 2009 Executive Summary With the phasing out of the Multi Fiber Agreement[i] in 2005, China India have bombarded the market with low cost mass produced apparel. Exports from India and China have grown over 100% with the expiration of the MFA whilst other countries such Sri Lanka and Pakistan have seen a loss of market shareRead MorePositive Negative Impact of Safta on Bangladesh1849 Words   |  8 Pages6. 0. Positive Impact of SAFTA in Bangladesh I. Increases Bangladesh’s Trade Volumes with SAARC The volumes of imports from SAARC countries as well as the exports of Bangladesh to SAARC countries from fiscal year 1997/98 until fiscal year 2007/08 is provided in following (Table-1) and graphically illustrated in Figure 1. Clearly, as part of the overall increase in trade volumes, Bangladesh’s exports to SAARC countries have grown moderately and Bangladesh’s imports from SAARC countries have increasedRead MoreBangladeshs Trade Barriers in Global Perspective - a Comparative Analysis11770 Words   |  48 PagesPF/C-180/IRP ABSTRACT Freeing trade frequently benefits the poor especially. Many developing countries have high tariffs. Since early 1980s Bangladesh promoted trade mainly through removal of structural obstacles to production and trade. In this paper a number of measures to determine crosscountry Trade Barrier were discussed. Though the methodology adapted by Dr Raihan got especial treat as it is current and relates to Bangladesh. Then Bangladesh’s progress of trade with SAFTA countries and otherRead MoreIndia Country Focus2424 Words à ‚  |  10 Pagescounted to 478 million people second to China which has around 820 million. Young and growing workforce is the driving force behind Indian economy. According to a recent report by United Nations, working population in India is expected to grow by 46% between year 2000 and 2025 (United Nations). Growing Indian middle class along with large number of English speaking people is fueling the growth of service industry in India. Income Levels: India’s GDP per capita, PPP adjusted, stood at US$ 3400 for theRead MoreIndian Apparel Industry- an Overview2544 Words   |  11 PagesNorth India. As on December 31, 2007, there were 1,744 cotton/man-made fiber textiles mills (non-SSI) in the country with a capacity of 34.87 million spindles, 4,57,000 rotors, and 56,000 looms. The capacity utilization in the spinning sector ranged between 80% to 93 %. Total production of yarn including cotton and blended yarns in the country increased to 2,339.3 million kg during the seven months (April-October) of the current fiscal as against 2,198.2 million kg, up by 6.41% over previous year,Read MoreMunchee9057 Words   |  37 PagesThere vision is to become the number one biscuit in Asia. Product portfolio CBL now produces various food items which have become house hold names in Sri Lanka. CBL expansion is not only with biscuits to which consumers are more familiar, they also have chocolates under brand name ‘Ritzbury’ since 1990s. The other brands are Tiara and Lanka Soy. There are numerous subcategories under each product. There are jellies, soya base products, cereal products, herbal porridges, soups and much more. Read MoreEU Trade and Development Policies7100 Words   |  29 PagesEU Trade and Development Policies Table of contents 1. The Common Commercial Policy†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...3 2. Instruments of the Common Commercial Policy†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦5 3. The Dimensions of the Common Commercial Policy†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.8 4. The European Neighborhood Policy†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..13 5. The Union for the Mediterranean†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..15 6. The European Union and Russia†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢ € ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦17 7. European Union’s Relations with Other Soviet Republics†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..19 8. TheRead MoreThe Foreign Trade of Bangladesh - Its Composition, Performance, Trend, and Policy6029 Words   |  25 PagesThe Foreign Trade of Bangladesh: Its Composition, Performance, Trend, and Policy Mohammad Mafizur Rahman Abstract Despite structural limitations in the Bangladesh economy, the export sector performed well throughout the 1990s. The export growth rate of Bangladesh was higher than that of the world and the SAARC countries. However, the balance of trade of Bangladesh was always in deficit and the trade deficit with India is huge. The export share of primary commodities has decreased while thatRead MoreJames Finlays Attachment8695 Words   |  35 Pagesbought 100%shares of the then Africa Highlands produce company limited (AHP) in the year 1999 and thus changed its name to James Finlay (K) Ltd. James Finlay produces over 60 million kilos of black tea yearly from its plantation in Kenya, Uganda, Sri Lanka and Bangladesh. The Africa Highlands Produce Company Limited The company was initially called the AHP Company Limited and later changed to James Finlay (K) Ltd in 1994. AHP Company is a wholly subsidiary of James Finlay Company, a public quotedRead MoreInternational Trade And Development Report Essay3465 Words   |  14 Pages 4.721 International Trade and Development International Trade Development Report between India New Zealand Prepared By: Shreyans Joshi - 20140745 Rupesh Khanal - Sameer Batliwala - Senbagaraman - Submitted To: Dr. Sushma Seth Bhat Word Count: 3457 Table of Contents Abstracts: 3 Introduction: 3 Current Trade Relations: 4 Current Level of Trade Agreements: 7 Barriers to Trade: 8 ïÆ'Ëœ Tariff Barriers 9 ïÆ'Ëœ Non-Tariff Barriers 9 Conclusion Suggestion: 11 References: 13 Abstracts: