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Ministry of Commerce Attends Thai-Sri Lankan FTA Negotiation Meeting


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BANGKOK (NNT) - Director General of the Department of Trade Negotiations Auramon Supthaweethum is joining the seventh round of Sri Lanka-Thailand Free Trade Agreement Negotiations from 9-11 October 2023 in Colombo, Sri Lanka.

 

This meeting includes both a meeting of the Trade Negotiating Committee, which oversees and follows up on the overall negotiations, and a meeting of 6 sub-working groups, including 1) Trade in Goods, 2) Rule of Origin, 3) Trade in Services, 4) Investment, 5) Technical Barriers to Trade, and 6) Law. Thailand and Sri Lanka aim to conclude the negotiations before the end of this year.

 

Auramon stated that in addition to FTA negotiations, Thailand will attend the Sub-Committee on Trade-related Matters on 12 October 2023, which is also a forum for bilateral meetings between Thailand and Sri Lanka to find ways to promote and solve problems of trade barriers between them, as well as carrying out economic cooperation activities under the Thailand-Sri Lanka Strategic Economic Partnership MOU.

 

By Werawan Boonmee

 

Full story: NNT 2023-10-10

 

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According to Wiki, this is what Sri Lanka's economic sector is like: 

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While the production and export of tea, rubber, coffee, sugar, and other commodities remain important, industrialisation has increased the importance of food processing, textiles, telecommunications, and finance. The country's main economic sectors are tourism, tea export, clothing, rice production, and other agricultural products. In addition to these economic sectors, overseas employment, especially in the Middle East, contributes substantially in foreign exchange.

Except for tea, isn't that pretty much what Thailand does, too? What are they going to trade with each other?

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