ETCA Govt to decide only after formulating national trade policy

By Kelum Bandara

Trade Minister Bandula Gunawardane said he told Indian High Commissioner Gopal Baglay that the new government would take its position on the Economic and Technology Cooperation Agreements (ETCA) with India only after the adoption of a national trade policy .  

• Minister Gunawardane said he secured Cabinet approval last week for the appointment of a panel of experts to formulate the national trade policy

Minister Gunawardane told Daily Mirror that he briefed the Indian envoy of the government’s position, during a recent meeting with him.  

He said he secured Cabinet approval last week for the appointment of a panel of experts to formulate the national trade policy.  

“The government will negotiate bilateral Free Trade Agreements (FTA) subject to the national policy only,” he said.