The free trade agreement (FTA) signed between India and Sri Lanka (SL) in May 2002 has not only resulted in a 23 per cent (Sri Lankan Rs 79,847 million) increase in Indian exports to the island nation, but also has taken the total trade throughput between the nations to a staggering SL Rs 96,000 million in 2002.
This was announced by Ravi Karunanayake, minister of commerce and consumer affairs, Sri Lanka, in Bangalore on Saturday. Karunanayake was speaking at the inauguration of the international conference on
