"Sri Lanka and Thailand Forge Free Trade Agreement for Economic Recovery"

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Source: Al Jazeera English
"Sri Lanka and Thailand Forge Free Trade Agreement for Economic Recovery"
Photo: Al Jazeera English
TL;DR Summary

Sri Lanka signs a Free Trade Agreement with Thailand in an effort to revive its economy after facing a severe financial crisis, with the agreement covering aspects such as Trade in Goods, Investment, Customs Procedure, and Intellectual Property Rights. The move aims to enhance market opportunities and foster economic growth, with bilateral trade between the two countries worth about $460m in 2021.

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