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Talks with Sri Lanka Highlight Market Access, Preferences, Investment

Friday, November 18, 2011
Sandler, Travis & Rosenberg Trade Report

The ninth meeting of the U.S.-Sri Lanka Trade and Investment Framework Agreement Council was held Nov. 15 in Washington, D.C. According to the Office of the U.S. Trade Representative, the two sides discussed market access, the U.S. Generalized System of Preferences program, trade promotion efforts, intellectual property rights and sector-specific challenges to investment. Other topics included the importance of considering gender issues in setting trade and investment policy and expanding bilateral technical cooperation. Representatives of the private sector were briefed the next day on investment opportunities in Sri Lanka, and private sector events will continue to be held in conjunction with future TIFA council meetings. The next session is scheduled for March 2012 in Colombo, Sri Lanka.

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