Political Science, asked by rumiadb1, 1 month ago

Mention any two problems related to Indo-Srilanka relations.

Answers

Answered by psupriya789
2

Answer:

India and Sri Lanka are member nations of several regional and multilateral organizations such as the South Asian Association for Regional Cooperation (SAARC), South Asia Co-operative Environment Programme, South Asian Economic Union and BIMSTEC, working to enhance cultural and commercial ties. Since a bilateral free trade agreement was signed and came into effect in 2000, Indo-Sri Lankan trade rose 128% by 2004 and quadrupled by 2006, reaching US$2.6 billion. Between 2000 and 2004, India's exports to Sri Lanka in the last four years increased by 113%, from US$618 million to $1,319 million while Sri Lankan exports to India increased by 342%, from $44 million to $194 million.  Indian exports account for 14% of Sri Lanka's global imports. India is also the fifth largest export destination for Sri Lankan goods, accounting for 3.6% of its exports.[23] Both nations are also signatories of the South Asia Free Trade Agreement (SAFTA). Negotiations are also underway to expand the free trade agreement to forge stronger commercial relations and increase corporate investment and ventures in various industries.  The year 2010 is predicted to be the best year for bilateral trade on record, with Sri Lanka's exports to India increasing by 45% over the first seven months of the year.

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Answered by kaviyamuthukumar
1

Answer:

fisherman problem between India and srilanka

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