GOVOS × Country

▦ GOVOS × Sri Lanka

asia · LKR · India FTA status: fta-2000

GOVOS applied to operations in Sri Lanka. Sri Lanka is part of SAARC. India ↔ Sri Lanka annual bilateral trade stands at USD 5.5B (+3.6% YoY). FTA context: FTA 2000 + ECTA proposed. Multilateral context: Sri Lanka in SAARC, BIMSTEC.. Top India-Sri Lanka verticals: Tea, Apparel, Tourism.

30 Governance entries applied to Sri Lanka

Multilateral phase — Global rule-making bodies: WTO, WCO, ICC, UN, OECD

WTO WTO
164 member economies WCO WCO
184 administrations ICC ICC
45M businesses in 100+ countries UN UN Trade Bodies
193 UN member states OECD OECD Trade Bodies
38 members + 8 key partners

Treaties phase — Foundational treaties: GATT, TRIPS, GATS, TRIMs, DSU

GATT GATT 1994 / Marrakesh Agreement
All WTO members bound TRIPS TRIPS Agreement
All WTO members; LDCs have transitional periods GATS GATS Agreement
All WTO members; commitments vary TRIMs TRIMs Agreement
All WTO members DSU DSU — Dispute Settlement
600+ disputes since 1995

MegaDeals phase — Mega-FTAs: RCEP, CPTPP, USMCA, EU-FTAs, IPEF

RCEP RCEP
~30% of world GDP, ~30% of population CPTPP CPTPP
~13% of world GDP USMCA USMCA
USD 1.5T+ trade between 3 members EU-FTA EU Trade Agreements
EU trades 35%+ of GDP externally IPEF IPEF
14 members, 40% of world GDP

CustomsFrameworks phase — Customs blueprints: HS, RKC, SAFE, AEO, RoO

HS-CONV HS Convention
Used by 200+ economies; 98% of world trade RKC Revised Kyoto Convention
129 contracting parties (2025)SAFE WCO SAFE Framework
Adopted by 174+ administrations AEO AEO Programme
~80 country programmes; ~30 MRAs RoO Rules of Origin
Embedded in 273+ AJG-tracked FTAs

SectoralRegs phase — Sectoral regulators: food, pharma, chemicals, telecom, standards

FSSAI/FDA Food Safety Regulators
All countries; food = 10-15% of world trade CDSCO/EMA Pharma Regulators
USD 1.5T+ global pharma market ECHA/EPA Chemicals Regulators
USD 5T+ global chemicals market FCC/Ofcom Telecom & Spectrum Regulators
USD 1.7T+ global telecom market ISO/BIS Standards Bodies
ISO: 24,000+ standards; equivalents in every economy

NationalTrade phase — National trade ministries: DGFT, USTR, DG-TRADE, METI, MOFCOM

DGFT DGFT — India
USD 1.7T+ (2024) India external trade USTR USTR — United States
USD 5.4T+ US external trade DG-TRADE DG TRADE — European Union
~15% of world trade METI METI — Japan
USD 1.5T+ Japan external trade MOFCOM MOFCOM — China
USD 5.9T+ China external trade (largest trader)

Sri Lanka's exposure to global governance: WTO + WCO membership, no major bloc, applicable mega-deals depend on geographical positioning. Every cross-border transaction touches each phase — Multilateral → Treaties → MegaDeals → CustomsFrameworks → SectoralRegs → NationalTrade.

GOVOS applied across Asia

China Japan South Korea Singapore Thailand Vietnam Malaysia Indonesia Philippines Bangladesh Pakistan Nepal India Taiwan Hong Kong SAR United Arab Emirates Saudi Arabia Qatar Kuwait Oman

Frequently asked about Sri Lanka

How does GOVOS apply specifically to Sri Lanka?

The canonical GOVOS registry combines with Sri Lanka's substrate (continent, currency, FTA status, bloc membership, top verticals) to surface context-specific intersections. Every entity in GOVOS is indexed against all 197 countries, 273 FTAs, 28 blocs, 37 corridors in AJG's multilateral registry.

Is Sri Lanka part of any major trade bloc with India?

Yes — Sri Lanka holds membership in: SAARC.

What is the India ↔ Sri Lanka FTA status?

Current status: fta-2000. For live updates subscribe to the AJG monthly brief or contact +91 9888 1471 47.

Learn more — related across the site

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✍ Blog

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📚 Library

→ India-UK FTA Status → India-EU FTA Status → India Sri Lanka FTA → Currency Manipulation

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Composed at 2026-07-04T10:08:56+00:00 · deterministic PHP, no APIs at runtimeMethodology · About · Contact

30 Governance entries applied to Sri Lanka

GOVOS applied across Asia

Frequently asked about Sri Lanka

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