CEPA Agreement

India- Sri Lanka Comprehensive Economic Partnership Agreement (CEPA) COMPREHENSIVE ECONOMIC PARTNERSHIP AGREEMENT (CEPA)   Free Trade Agreements have a long history. One of the first agreements that have been agreed internationally is identified as GATT Agreement. GATT refers to General Agreement on Trade & Tariff. Initially, after the 2nd World War in 1945, in order to boost commercial trade, 23 countries which were identified as contracting parties have got together and had a discussion in order to remove trade barriers between countries and to reduce tariff for the primary purpose of enhancing world trade.   GATT was born with...

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