Economic And Technical Cooperation Agreement (Etca)

Unlike goods, services mean that people can move across borders. Indian IT professionals could work in Sri Lanka and Sri Lankan IT professionals could work in India. This means they could compete for jobs, which worries many people. The secrecy and lack of transparency around the agreement does not help. We Sri Lankans strongly protest against ETCA`s proposed agreement with India. What is on the table is just an agreement to conclude an agreement in 6 months. Prior to the signing of the agreement, in-depth studies were conducted on how to develop an effective bilateral trade agreement between a small economy and a package of economic forces, in order to achieve favorable results for both countries. .

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