Sri Lanka


Wikipedia Country Information

Sri Lanka (UK: , US: ( listen); Sinhala: ශ්‍රී ලංකා Śrī Laṃkā; Tamil: இலங்கை Ilaṅkai), officially the Democratic Socialist Republic of Sri Lanka, is an island country in South Asia, located in the Indian Ocean to the southwest of the Bay of Bengal and to the southeast of the Arabian Sea. It is separated from the Indian subcontinent by the Gulf of Mannar and the Palk Strait. The legislative capital, Sri Jayawardenepura Kotte, is a suburb of the commercial capital and largest city, Colombo.
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 as Ceylon (, US also ). A nationalist political movement arose in the country in the early 20th century to obtain political independence, which was granted in 1948; the country became a republic and adopted its current name in 1972. Sri Lanka's recent history has been marred by a 30-year civil war, which decisively ended when the Sri Lanka Armed Forces 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. Sri Lankan constitution accords Buddhism the "foremost place", although it does not identify it as a state religion. Buddhism is given special privileges in the Sri Lankan constitution.
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. Moors, Burghers, Malays, Chinese, and the aboriginal Vedda are also established groups on the island.

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
CONTRACTSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Conflict of laws0/70.00%3.00%27Weak
E-commerce2/3 (66.67%)66.67%18.00%2Strong
Principles, trade usages and standards0/20.00%0.00%1Average
Sale of Goods0/50.00%25.00%89Weak
Travel contracts0/10.00%3.00%7Weak
CUSTOMSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Customs Codification2/3 (66.67%)100.00%78.00%1Strong
Customs Cooperation2/6 (33.33%)53.33%26.00%26Strong
Exemption from Duties3/9 (33.33%)40.74%30.00%66Strong
Temporary Admission6/11 (54.55%)58.82%28.00%34Strong
DISPUTE RESOLUTIONInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Arbitration2/6 (33.33%)50.00%32.00%29Strong
Judicial cooperation2/5 (40.00%)52.63%36.00%58Strong
Recognition of foreign judgments0/20.00%2.00%6Weak
State court jurisdiction0/40.00%14.00%29Weak
State court procedure0/10.00%6.00%12Weak
State immunities 0/10.00%11.00%22Weak
ENVIRONMENT AND PRODUCTSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Air5/5 (100.00%)100.00%86.00%1Strong
Chemicals1/1 (100.00%)100.00%78.00%1Strong
Flora and fauna7/10 (70.00%)76.09%68.00%46Strong
Foodstuff2/2 (100.00%)100.00%79.00%1Strong
General1/1 (100.00%)100.00%95.00%1Weak
International watercourses0/10.00%18.00%36Weak
Maritime and Law of the Sea10/26 (38.46%)41.30%46.00%118Weak
Protected geographical areas 0/10.00%27.00%54Weak
Waste1/1 (100.00%)100.00%93.00%1Weak
FINANCE, PAYMENTS AND INSOLVENCYInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Assignment of receivables0/10.00%1.00%2Weak
Bankruptcy and insolvency0/10.00%21.00%41Weak
Bills of exchange and promissory notes0/40.00%8.00%43Weak
Credit transfers0/10.00%0.00%1Average
International guarantees0/30.00%20.00%75Weak
GOOD GOVERNANCE Inst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Corruption2/4 (50.00%)66.67%50.00%34Strong
Cultural Property2/4 (50.00%)50.00%54.00%61Weak
Drugs3/3 (100.00%)100.00%95.00%1Weak
Insider Trading0/10.00%4.00%9Weak
Organized crime1/2 (50.00%)62.50%80.00%112Weak
HUMAN RIGHTS AND LABOUR STANDARDSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Human Rights6/7 (85.71%)85.71%96.00%143Weak
Labour Standards6/8 (75.00%)75.00%86.00%160Weak
INSTITUTIONAL PARTICIPATIONInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Dispute Resolution1/1 (100.00%)100.00%39.00%1Strong
International Trade Law 9/10 (90.00%)90.00%73.00%34Strong
Trade support institutions4/6 (66.67%)66.67%51.00%56Strong
INTELLECTUAL PROPERTYInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Copyright2/3 (66.67%)54.55%65.00%94Weak
Industrial designs0/20.00%31.00%82Weak
Integrated circuits0/10.00%2.00%4Weak
Neighboring Rights0/30.00%46.00%120Weak
Origin1/3 (33.33%)33.33%14.00%24Strong
Patents2/5 (40.00%)47.62%57.00%87Weak
Trademarks1/6 (16.67%)22.73%33.00%86Weak
Varieties of plants0/10.00%37.00%73Weak
INVESTMENTSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Investment disputes1/2 (50.00%)50.00%39.00%2Strong
Investment guaranty1/1 (100.00%)100.00%93.00%1Weak
PRODUCTSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Marine Resources0/10.00%24.00%48Weak
General1/1 (100.00%)100.00%92.00%1Weak
TRANSPORT AND TELECOMMUNICATIONSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Air transport3/7 (42.86%)52.38%59.00%110Weak
Aircrafts and civil aviation 7/9 (77.78%)92.00%74.00%11Strong
Maritime shipping and load lines 6/13 (46.15%)68.57%66.00%120Weak
Maritime transport2/12 (16.67%)16.67%27.00%135Weak
Multi modal transport 0/20.00%4.00%15Weak
Rail transport0/30.00%22.00%50Weak
Road transport0/40.00%31.00%86Weak
Space2/4 (50.00%)66.67%40.00%55Strong
Telecommunications1/2 (50.00%)83.33%47.00%26Strong
TREATIES LAWInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
WTOInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Plurilateral Agreements0/20.00%18.00%45Weak
WTO Agreements1/1 (100.00%)100.00%81.00%1Strong
Strengths and Weakness
CustomsCustoms Codification
CustomsCustoms Cooperation
CustomsExemption from Duties
CustomsTemporary Admission
Dispute resolutionArbitration
Dispute resolutionJudicial cooperation
Environment and productsAir
Environment and productsChemicals
Environment and productsFlora and fauna
Environment and productsFoodstuff
Good Governance Corruption
Institutional ParticipationDispute Resolution
Institutional ParticipationInternational Trade Law
Institutional ParticipationTrade support institutions
Intellectual propertyOrigin
InvestmentsInvestment disputes
Transport and telecommunicationsAircrafts and civil aviation
Transport and telecommunicationsSpace
Transport and telecommunicationsTelecommunications
WTOWTO Agreements
ContractsPrinciples, trade usages and standards
Finance, payments and insolvencyCredit transfers
ContractsConflict of laws
ContractsSale of Goods
ContractsTravel contracts
Dispute resolutionRecognition of foreign judgments
Dispute resolutionState court jurisdiction
Dispute resolutionState court procedure
Dispute resolutionState immunities
Environment and productsEnergy
Environment and productsGeneral
Environment and productsInternational watercourses
Environment and productsMaritime and Law of the Sea
Environment and productsProtected geographical areas
Environment and productsWaste
Finance, payments and insolvencyAssignment of receivables
Finance, payments and insolvencyBankruptcy and insolvency
Finance, payments and insolvencyBills of exchange and promissory notes
Finance, payments and insolvencyCheques
Finance, payments and insolvencyInternational guarantees
Good Governance Cultural Property
Good Governance Drugs
Good Governance Insider Trading
Good Governance Organized crime
Human Rights and Labour StandardsHuman rights
Human Rights and Labour StandardsLabour Standards
Intellectual propertyBroadcasting
Intellectual propertyCopyright
Intellectual propertyIndustrial designs
Intellectual propertyIntegrated circuits
Intellectual propertyNeighboring Rights
Intellectual propertyPatents
Intellectual propertyTrademarks
Intellectual propertyVarieties of plants
InvestmentsInvestment guaranty
ProductsMarine Resources
Transport and telecommunicationsAir transport
Transport and telecommunicationsMaritime shipping and load lines
Transport and telecommunicationsMaritime transport
Transport and telecommunicationsMulti modal transport
Transport and telecommunicationsRail transport
Transport and telecommunicationsRoad transport
Treaties lawGeneral
WTOPlurilateral Agreements
Instruments ratifications

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