Sri Lanka, aiming to recover from its worst financial crisis in decades, has signed a Free Trade Agreement (FTA) with Thailand. This agreement is part of Sri Lanka's efforts to boost trade and investment to aid its economic recovery. Concurrently, India has offered to re-export LNG to Sri Lanka, marking a significant move in regional economic diplomacy as India seeks to extend its influence over its economically challenged neighbor, amidst competition with China.
Debt-stricken Sri Lanka signed a trade pact with Thailand on Saturday in a bid to boost trade and investment as the Indian ocean island nation is struggling to recover from its worst economic crisis that hit two year ago. https://t.co/Khr8QGfqqS
Thailand and Sri Lanka have signed a Free Trade Agreement (FTA), a move Sri Lanka hopes will help it emerge from its worst financial crisis in decades. https://t.co/FQjXtYUXnY
Thailand, Sri Lanka sign free trade agreement https://t.co/TEY9dIArdT https://t.co/2MKynI4JgQ
⚠️ THAILAND, SRI LANKA SIGN FREE TRADE AGREEMENT Full Story → https://t.co/RIZtCAO2jY
INDIA offers to re-export LNG to Sri Lanka - some interesting economic diplomacy as India competes with China for influence in its impoverished near-neighbour state: https://t.co/0pvmLu7tXy