ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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India-Sri Lanka Trade

The Free Trade Agreement between India and Sri Lanka, though in a positive direction, does not address the issue of transaction costs that emanates from the transacting environment. Analysing the characteristics of formal and informal trading between India and Sri Lanka the study shows that transaction costs in formal trading are higher than for informal trading and suggests that lowering transaction costs in formal trade could enhance trade between the two countries.

Excise and Customs Duty Reform

Now that the next budget is round the corner, it is imperative that we have a good look at what reforms are due in respect of the duties of excise and customs since that is a very crucial part of overall reform.

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