India grants greater market access for Sri Lankan products

Wednesday, 27 March 2013 - 18:22

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India has approved a request made by Sri Lanka to remove a condition of sourcing of fabric from India in order to increase the number of garments Sri Lanka can export to India under the India-Sri Lanka Free Trade Agreement.

 

During the visit of Indian Minister of Commerce, Industry & Textiles, Anand

 Sharma to Sri Lanka in 2012, the Sri Lankan government has requested, India to remove the condition of sourcing of fabric from India for 5 million pieces under the terms of the India-Sri Lanka Free Trade Agreement so that the total quota for duty free apparel exports from Sri Lanka to India becomes 8 million pieces, without any condition on fabric sourcing.