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India and
Sri Lanka to sign new economic agreement
[October
21, 2003 -
10.30
GMT]
India and Sri Lanka have
agreed to begin negotiations on a Comprehensive Economic Corporation
Agreement (CECA). Talks on the agreement are to conclude by March 2004. The
CECA will replace the current Indo-Lanka Trade Agreement, which is
restricted to a list of goods to be traded between the two countries.
The CECA prepared by an
Indo-Lanka Joint Committee, covers an unprecedented wide spectrum of
economic and trade areas like service, aviation, transport, tourism and
investment.
Prime Minister Ranil
Wickremesinghe who is currently on a two-day visit to Delhi met with Indian
leaders for bilateral talks.
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Last Updated
Date: October 21, 2003 -10.30
GMT. |
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India and Sri Lanka to sign
new economic agreement
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