Explanation:

: India and Srilanka have signed Economic and Technology Cooperation Agreement (ETCA). This would be an improved version of Free Trade Agreement (FTA).
About ETCA:
The Indo-Lanka Economic and Technology Cooperation Agreement better known as ETCA (formerly CEPA) is a trade agreement. The ETCA agreement seeks to boost cooperation in technical areas, scientific expertise and research amongst institutions, boost standards of goods and services able to compete on the global market and improve opportunities for manpower training and human resource development.