Category Public Policies, Programs and Schemes

The EPA signed in 2024 emerged from the context not merely as a recovery mechanism for Sri Lanka, but as a test case for India’s evolving regional economic diplomacy. As someone seeking to understand how bilateral cooperation is shaped by mutual dependency, geopolitical calculations and economic leverage. This agreement offers a timely lens in  which to explore the political economy of regional integration. Hence, this article attempts to examine the EPA not just as a policy document, but as a strategic narrative. Critics question  whether it reflects a shift toward mutualism or masks deeper asymmetries beneath an ambitious framework.