Abstract:

The Indo-Sri Lanka Free Trade Agreement (ISFTA) aims to boost economic cooperation. However, domestic legal barriers hinder its implementation in both countries. This research examines these obstacles and their impact on trade relations. It analyses constitutional challenges, statutory conflicts, and administrative hurdles in “India and Sri Lanka”. The study employs a comparative approach to identify common and unique barriers. It explores how these legal impediments affect trade volumes and economic growth. The research also considers sector-specific impacts and investor confidence. Key findings reveal that constitutional power divisions create implementation challenges. Existing trade laws often clash with ISFTA provisions, causing regulatory conflicts. Bureaucratic inefficiencies and lack of institutional capacity further complicate matters. The paper proposes legal reforms and enhanced bilateral cooperation as potential solutions. It suggests harmonising domestic laws with ISFTA provisions to facilitate smoother implementation. The research contributes to understanding the complex interplay between domestic legal systems and international trade agreements. It offers valuable insights for policymakers and trade negotiators in both countries. The findings have broader implications for regional economic integration in South Asia.

Keywords:

Indo-Sri Lanka Free Trade Agreement, domestic legal barriers, trade law, international trade, economic cooperation, legal harmonisation

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Methods