Sri Lanka is pushing for trade in services including tourism, shipping, software, agriculture and port development to be included under the FTA.
rnSri Lanka also looking to push agro exports in cloves and spices where locals have a competitive edge in terms of lower prices and quality goods.
rnIndian help is also being sought for research and development to introduce tissue culture into the agriculture sector.
rnLocal companies are also asking for better access to set up manufacturing plants in India. So far five Sri Lankan companies ranging from biscuits to roofing sheets have started manufacturing in India.
rnMahendra says Indian companies are keen to invest in power, petroleum and cement sectors.
rnldblquote They find us attractive as we give them duty free concessions to import plant and machinery. They use our raw materials and re-export goods back to India under the FTA,
dblquote he said.
rnFuture investors will also get lquote national treatment
quote in both countries, exempting them fr