Category: RIS/ADB Published on Tuesday, 06 March 2012 07:15
Sri Lanka’s economy grew by an impressive 8 percent in 2010 in its first full year since the end of the war. This is a significant improvement since the 3.5 percent growth experienced in 2009 and 6 percent in 2008. Though the growth of both industry and services sectors were 8.4 percent and 8.0 percent respectively, the growth of the agriculture sector was lower at 7.0 percent due to the lower growth in both tea and paddy sectors. Tea sector has an immense role in the Sri Lankan economy being an important foreign exchange earner of the country. Its contribution to the export earnings of Sri Lanka (over 15 percent on average) is substantial compared to the total agricultural export income share of 23.5 percent of the total export income (Central Bank of Sri Lanka, Annual Reports, various years).
Category: RIS/ADB Published on Tuesday, 06 March 2012 07:06
Intra-regional trade in south Asia can provide new growth and employment opportunities for small-scale companies, farmers, and workers. In this context, it is important to examine the mechanisms of production and trade within the South Asian region as the context of production, especially farm production (average size of holding, % of marginal and small holders and area under such holdings) and markets are not as different as in the case of exports to the EU or other developed western or eastern countries. Further, the locational proximity of such markets, especially for food products, is an important consideration for promotion of regional food trade through regional production networks.
Category: RIS/ADB Published on Tuesday, 06 March 2012 07:02
Intra-regional trade in south Asia can provide new growth and employment opportunities for small-scale companies, farmers, and workers. In this context, it is important to examine the mechanisms of production and trade within the South Asian region as the context of production, especially farm production (average size of holding, % of marginal and small holders and area under such holdings) and markets are not as different as in the case of exports to the EU or other developed western or eastern countries. Further, the locational proximity of such markets, especially for food products, is an important consideration for promotion of regional food trade through regional production networks.
Category: RIS/ADB Published on Tuesday, 06 March 2012 06:58
he Indo-Sri Lanka Free Trade Agreement (ILFTA), which was signed on 28th December 1998 and entered into force with effect from 1 March 2000, aimed to promote economic linkages between India and Sri Lanka through enhancement of bilateral trade and investment.