This brief explores how Sri Lanka can boost its macroeconomic resilience by increasing its exports to India. It suggests removing para-tariffs, streamlining export procedures, and upgrading the Indo?Sri Lanka Free Trade Agreement.
The brief notes that Sri Lanka has more than $800 million in annual untapped export potential to India. It looks at ways Sri Lanka can help unlock potential trade by leveraging its location, skilled workforce, and existing exporting sectors and by addressing trade barriers.