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In this issue: WTO Free trade agreements Safeguards LexTalk®International Trade: a Lexis®Nexis community Daily and weekly news alerts New and updated content WTO UK Mission to WTO announces £14m Aid for Trade package at MC14 conference At the 14th WTO Ministerial Conference in Yaoundé, Cameroon, the UK Mission to the World Trade Organization (WTO), the UN and other Geneva‑based international bodies in Geneva unveiled a £14m Aid for Trade programme. Of this, £13m in Official Development Assistance is allocated across seven projects, with a further £1m redirected to the WTO Fisheries Fund. See: LNB News 25/03/2026 72. WTO forecasts slowing global trade growth amid Middle East conflict risks According to its Global Trade Outlook and Statistics, the WTO says worldwide trade growth will cool in 2026 after a better‑than‑expected rebound in 2025. It projects merchandise trade volumes to rise by only 1.9% in 2026, down from 4.6% in 2025, as the extraordinary spike in AI‑enabling...
1. What is the applicable legislation? Sri Lanka promotes FDI and, aside from a few exclusions, remains broadly open. The principal legal regime for investing into Sri Lanka is the Foreign Exchange Act No. 12 of 2017 (FEA) together with its Regulations. The Board of Investment of Sri Lanka (BOI) serves as the country’s investment facilitator and operates under the Board of Investment Law No. 4 of 1978 (BOI Law). Investments in the newest Special Economic Zone—the Colombo Port City (SEZ)—are governed by the Colombo Port City Economic Commission Act No. 11 of 2021 (CPCEC Act) and related Regulations, including the Foreign Exchange (Investments in Colombo Port City) Regulations No. 1 of 2022. Other investment-facilitating laws include: Strategic Development Projects Act, No. 14 of 2008 (SDP Act), with its Regulations The Finance Act – Commercial Hub Regulations No. 1 of 2019 under the Finance Act No. 12 of 2012, as amended by The Finance Act – Hub Regulations No. 1 of 2022 Financial Transactions...