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The agreement was signed in 2004 and came into effect on 1 January 2006, with the desire of the member states of the SAARC (Afghanistan, Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan and Sri Lanka) to promote and sustain mutual trade and economic cooperation within the SAARC region through the exchange of concessions.
Sri Lanka Customs (Sinhala: ශ්රී ලංකා රේගුව, romanized: Shri Lanka Reguwa, Tamil: இலங்கை சுங்கச் சாவடி) is a ministerial government department in Sri Lanka. The main functions of the department are, Collection of revenue; Prevention of revenue leakages and other frauds
Norway – China–Norway Free Trade Agreement; Sri Lanka – China–Sri Lanka Free Trade Agreement; Nepal – memorandum on a feasibility study currently in place [113] Costa Rica. EFTA; South Korea; Colombia is negotiating or is planning bilateral agreements with the following countries and blocs: Japan; Turkey
The Sri Lanka Thailand Free Trade Agreement covering trade in goods, investment, custom procedures and intellectual property rights was signed in the capital Colombo in the presence of Sri Lanka ...
Treaties concluded or ratified by Sri Lanka. Where appropriate, articles should be placed in the subcategories. Where appropriate, articles should be placed in the subcategories. This category may contain articles about treaties concluded or ratified by Sri Lanka since 22 May 1972, which is the date on which the Dominion of Ceylon became the ...
In addition, the agreement mandates expedited customs procedures for express shipments and prohibits customs duties from being applied to electronic transmissions. It also requires additional privacy, security, and consumer protections for online transactions and encourages the publication of online customs forms.
The trade agreement is open for new members 18 months after the partnership came into force. The following countries have applied for accession into the partnership: Bangladesh [61] Hong Kong [62] Sri Lanka [63] Chile:The Republic of Chile has formally requested accession to the RCEP. Claudia Sanhueza, Undersecretary of International Economic ...
Free zones may reduce or eliminate taxes, customs duties, and regulatory requirements for registration of business. Zones around the world often provide special exemptions from normal immigration procedures and foreign investment restrictions as well as other features.