Sri Lanka

Abstract

Wikipedia Country Information

Sri Lanka ( or ; Sinhalese: ශ්‍රී ලංකා Śrī Laṃkā, Tamil: இலங்கை Ilaṅkai), officially the Democratic Socialist Republic of Sri Lanka, is an island country located southeast of India and northeast of the Maldives.
The island is home to many cultures, languages and ethnicities. The majority of the population is from the Sinhalese ethnicity, while a large minority of Tamils have also played an influential role in the island's history; Christians in both groups are recent converts who have kept the traditional culture. Moors, Burghers, Malays, Kaffirs, and the aboriginal Vedda are also established groups on the island.
Sri Lanka's documented history spans 3,000 years, with evidence of pre-historic human settlements dating back to at least 125,000 years. It has a rich cultural heritage and the first known Buddhist writings of Sri Lanka, the Pāli Canon, date back to the Fourth Buddhist council in 29 BC. Its geographic location and deep harbours made it of great strategic importance from the time of the ancient Silk Road through to the modern Maritime Silk Road.
Sri Lanka was known from the beginning of British colonial rule until 1972 as Ceylon (). Its recent history has been marred by a thirty-year civil war which decisively ended when the Sri Lankan military defeated the Liberation Tigers of Tamil Eelam (LTTE) in 2009.
The current constitution stipulates the political system as a republic and a unitary state governed by a semi-presidential system. It has had a long history of international engagement, as a founding member of the South Asian Association for Regional Cooperation (SAARC), and a member of the United Nations, the Commonwealth of Nations, the G77, and the Non-Aligned Movement. Along with the Maldives, Sri Lanka is one of only two South Asian countries rated "high" on the Human Development Index (HDI), with its HDI rating and per capita income the highest among South Asian nations.
The legislative capital, Sri Jayawardenepura Kotte, is a suburb of the commercial capital and largest city, Colombo.


Summary
Instruments ratified: 111 / 282
World Average Ratifications: 114 / 282
Ratification rate: 38.30%
World Average Rate: 41.25%
Weighted score: 44.34%
World Average Weighted Score: 41.25%
World rank: 102 / 194
Developing country rank: 52 / 87
Developing country Avg. Ratifications: 109 / 282
Southern Asia rank: 4 / 9
Southern Asia Avg. Ratifications: 98 / 282
Comparative Statistical Analysis
CONTRACTS Inst. ratified Country score World avg. score Country rank in world Strength
Agency 0/2 0.00% 2.00% 8 Weak
Conflict of laws 0/7 0.00% 3.00% 27 Weak
E-commerce 2/3 (66.67%) 66.67% 18.00% 2 Strong
Franchising 0/1 0.00% 0.00% 1 Average
Leasing/Factoring 0/2 0.00% 5.00% 13 Weak
Principles, trade usages and standards 0/2 0.00% 0.00% 1 Average
Procurement 0/4 0.00% 3.00% 31 Weak
Sale of Goods 0/5 0.00% 25.00% 89 Weak
Travel contracts 0/1 0.00% 3.00% 7 Weak
Total 2 14.49% 9.00% 37 Strong
 
CUSTOMS Inst. ratified Country score World avg. score Country rank in world Strength
Customs Codification 2/3 (66.67%) 100.00% 78.00% 1 Strong
Customs Cooperation 2/6 (33.33%) 53.33% 26.00% 26 Strong
Exemption from Duties 3/9 (33.33%) 40.74% 30.00% 66 Strong
Temporary Admission 6/11 (54.55%) 58.82% 28.00% 34 Strong
Transit 0/4 0.00% 28.00% 98 Weak
Total 13 47.83% 31.00% 48 Strong
 
DISPUTE RESOLUTION Inst. ratified Country score World avg. score Country rank in world Strength
Arbitration 2/6 (33.33%) 50.00% 32.00% 29 Strong
Judicial cooperation 2/5 (40.00%) 52.63% 36.00% 58 Strong
Recognition of foreign judgments 0/2 0.00% 2.00% 6 Weak
State court jurisdiction 0/4 0.00% 14.00% 29 Weak
State court procedure 0/1 0.00% 6.00% 12 Weak
State immunities 0/1 0.00% 11.00% 22 Weak
Total 4 40.00% 29.00% 56 Strong
 
ENVIRONMENT AND PRODUCTS Inst. ratified Country score World avg. score Country rank in world Strength
Air 5/5 (100.00%) 100.00% 86.00% 1 Strong
Chemicals 1/1 (100.00%) 100.00% 78.00% 1 Strong
Energy 0/2 0.00% 25.00% 50 Weak
Flora and fauna 7/10 (70.00%) 76.09% 68.00% 46 Strong
Foodstuff 2/2 (100.00%) 100.00% 79.00% 1 Strong
General 1/1 (100.00%) 100.00% 95.00% 1 Weak
International watercourses 0/1 0.00% 18.00% 36 Weak
Maritime and Law of the Sea 10/26 (38.46%) 41.30% 46.00% 118 Weak
Protected geographical areas 0/1 0.00% 27.00% 54 Weak
Waste 1/1 (100.00%) 100.00% 93.00% 1 Weak
Total 27 63.02% 61.00% 94 Weak
 
FINANCE, PAYMENTS AND INSOLVENCY Inst. ratified Country score World avg. score Country rank in world Strength
Assignment of receivables 0/1 0.00% 1.00% 2 Weak
Bankruptcy and insolvency 0/1 0.00% 21.00% 41 Weak
Bills of exchange and promissory notes 0/4 0.00% 8.00% 43 Weak
Cheques 0/3 0.00% 13.00% 36 Weak
Credit transfers 0/1 0.00% 0.00% 1 Average
International guarantees 0/3 0.00% 20.00% 75 Weak
Total 0 0.00% 12.00% 117 Weak
 
GOOD GOVERNANCE Inst. ratified Country score World avg. score Country rank in world Strength
Corruption 2/4 (50.00%) 66.67% 50.00% 34 Strong
Cultural Property 2/4 (50.00%) 50.00% 54.00% 61 Weak
Drugs 3/3 (100.00%) 100.00% 95.00% 1 Weak
Insider Trading 0/1 0.00% 4.00% 9 Weak
Organized crime 1/2 (50.00%) 62.50% 80.00% 112 Weak
Total 8 69.23% 68.00% 86 Weak
 
HUMAN RIGHTS AND LABOUR STANDARDS Inst. ratified Country score World avg. score Country rank in world Strength
Human Rights 6/7 (85.71%) 85.71% 96.00% 143 Weak
Labour Standards 6/8 (75.00%) 75.00% 86.00% 160 Weak
Total 12 80.00% 91.00% 161 Weak
 
INSTITUTIONAL PARTICIPATION Inst. ratified Country score World avg. score Country rank in world Strength
Dispute Resolution 1/1 (100.00%) 100.00% 39.00% 1 Strong
International Trade Law 9/10 (90.00%) 90.00% 73.00% 34 Strong
Trade support institutions 4/6 (66.67%) 66.67% 51.00% 56 Strong
Total 14 82.35% 63.00% 46 Strong
 
INTELLECTUAL PROPERTY Inst. ratified Country score World avg. score Country rank in world Strength
Broadcasting 0/1 0.00% 47.00% 93 Weak
Copyright 2/3 (66.67%) 54.55% 65.00% 94 Weak
Industrial designs 0/2 0.00% 31.00% 82 Weak
Integrated circuits 0/1 0.00% 2.00% 4 Weak
Neighboring Rights 0/3 0.00% 46.00% 120 Weak
Origin 1/3 (33.33%) 33.33% 14.00% 24 Strong
Patents 2/5 (40.00%) 47.62% 57.00% 87 Weak
Trademarks 1/6 (16.67%) 22.73% 33.00% 86 Weak
Varieties of plants 0/1 0.00% 37.00% 73 Weak
Total 6 25.26% 42.00% 124 Weak
 
INVESTMENTS Inst. ratified Country score World avg. score Country rank in world Strength
Investment disputes 1/2 (50.00%) 50.00% 39.00% 2 Strong
Investment guaranty 1/1 (100.00%) 100.00% 93.00% 1 Weak
Total 2 66.67% 57.00% 2 Strong
 
PRODUCTS Inst. ratified Country score World avg. score Country rank in world Strength
Marine Resources 0/1 0.00% 24.00% 48 Weak
Timber 0/1 0.00% 31.00% 61 Weak
General 1/1 (100.00%) 100.00% 92.00% 1 Weak
Total 1 38.46% 53.00% 85 Weak
 
TRANSPORT AND TELECOMMUNICATIONS Inst. ratified Country score World avg. score Country rank in world Strength
Air transport 3/7 (42.86%) 52.38% 59.00% 110 Weak
Aircrafts and civil aviation 7/9 (77.78%) 92.00% 74.00% 11 Strong
Maritime shipping and load lines 6/13 (46.15%) 68.57% 66.00% 120 Weak
Maritime transport 2/12 (16.67%) 16.67% 27.00% 135 Weak
Multi modal transport 0/2 0.00% 4.00% 15 Weak
Rail transport 0/3 0.00% 22.00% 50 Weak
Road transport 0/4 0.00% 31.00% 86 Weak
Space 2/4 (50.00%) 66.67% 40.00% 55 Strong
Telecommunications 1/2 (50.00%) 83.33% 47.00% 26 Strong
Total 21 47.97% 50.00% 110 Weak
 
TREATIES LAW Inst. ratified Country score World avg. score Country rank in world Strength
General 0/4 0.00% 30.00% 113 Weak
Total 0 0.00% 30.00% 113 Weak
 
WTO Inst. ratified Country score World avg. score Country rank in world Strength
Plurilateral Agreements 0/2 0.00% 18.00% 45 Weak
WTO Agreements 1/1 (100.00%) 100.00% 81.00% 1 Strong
Total 1 45.45% 47.00% 45 Weak
 
Strengths and Weakness
Strong
Contracts E-commerce
Customs Customs Codification
Customs Customs Cooperation
Customs Exemption from Duties
Customs Temporary Admission
Dispute resolution Arbitration
Dispute resolution Judicial cooperation
Environment and products Air
Environment and products Chemicals
Environment and products Flora and fauna
Environment and products Foodstuff
Good Governance Corruption
Institutional Participation Dispute Resolution
Institutional Participation International Trade Law
Institutional Participation Trade support institutions
Intellectual property Origin
Investments Investment disputes
Transport and telecommunications Aircrafts and civil aviation
Transport and telecommunications Space
Transport and telecommunications Telecommunications
WTO WTO Agreements
 
Average
Contracts Franchising
Contracts Principles, trade usages and standards
Finance, payments and insolvency Credit transfers
 
Weak
Contracts Agency
Contracts Conflict of laws
Contracts Leasing/Factoring
Contracts Procurement
Contracts Sale of Goods
Contracts Travel contracts
Customs Transit
Dispute resolution Recognition of foreign judgments
Dispute resolution State court jurisdiction
Dispute resolution State court procedure
Dispute resolution State immunities
Environment and products Energy
Environment and products General
Environment and products International watercourses
Environment and products Maritime and Law of the Sea
Environment and products Protected geographical areas
Environment and products Waste
Finance, payments and insolvency Assignment of receivables
Finance, payments and insolvency Bankruptcy and insolvency
Finance, payments and insolvency Bills of exchange and promissory notes
Finance, payments and insolvency Cheques
Finance, payments and insolvency International guarantees
Good Governance Cultural Property
Good Governance Drugs
Good Governance Insider Trading
Good Governance Organized crime
Human Rights and Labour Standards Human rights
Human Rights and Labour Standards Labour Standards
Intellectual property Broadcasting
Intellectual property Copyright
Intellectual property Industrial designs
Intellectual property Integrated circuits
Intellectual property Neighboring Rights
Intellectual property Patents
Intellectual property Trademarks
Intellectual property Varieties of plants
Investments Investment guaranty
Products General
Products Marine Resources
Products Timber
Transport and telecommunications Air transport
Transport and telecommunications Maritime shipping and load lines
Transport and telecommunications Maritime transport
Transport and telecommunications Multi modal transport
Transport and telecommunications Rail transport
Transport and telecommunications Road transport
Treaties law General
WTO Plurilateral Agreements
Instruments ratifications

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