An insight into the indo-lanka economic pact (ECTA)
Nwokwu Tochukwu Christian, Chandrawansa P Atapattu
This work was carried out to look at new avenues in overseas and referred to the recent discussion between India and Sri Lanka in relation to the Indo-Lanka Economic Pact (ECTA). Furthermore, the India-Sri Lanka Free Trade Agreement (ISFTA) has also been discussed. Apart from that, the Comprehensive Economic Partnership Agreement (CEPA) too has been highlighted. However, arguments arising from the Indo-Lanka Economic Pact (ECTA) were debated upon. In addition, both the positive and negative impacts of Indo-Lanka Economic Pact (ECTA) have been mentioned. SWOT Analysis, feasibility report and feasibility study were all discussed in this study. Other conceptualization terminologies such as: Strategic Financial Management, Foreign Direct Investment (FDI), Strategy, Competitive Advantage, Strategic Finance, Local Content, Strategic Management and Financial Strategy were all discussed in the study. This research will go a long way to benefit all nations of the world as no country is an island of its own. In other words, each country depends on each other for survival either through bilateral trade or multi-lateral trade. Of which this research is all about. This work can also act as a pedestal for other researchers all over the world to build on and add to its existing literatures. Other beneficiaries are researchers, lecturers, students and all the persons who are crying for new knowledge.