In addition to tariffs and foreign investment policy, the report discusses institutional
and legal framework for trade policy formulation and implementation,
and other aspects of government policy that affect trade such as government procurement,
intellectual property rights protection, sanitary and phytosanitary measures,
business environment and taxation, competition policy and price regulations.
The subject coverage of this discussion, which is based on the standard review
template, is comprehensive. However, we find that it has overlooked at least three
important developments that are bound to have significant implications for further
directions of trade and industry policy in Sri Lanka.
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