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Thursday, 25 January 2018 12:52

Singapore and Sri Lanka sign free trade agreement

Prime Minister Lee Hsien Loong and President Maithripala Sirisena witness the signing of the free trade agreement Read more at https://www.channelnewsasia.com/news/singapore/singapore-and-sri-lanka-sign-free-trade-agreement-9886990 Photo: Lianne Chia, Channel News Asia

Source: Channel News Asia (Lianne Chia), 23 Jan 2018

COLOMBO: Singapore and Sri Lanka signed a free trade agreement on Tuesday (Jan 23) which will deepen economic ties and facilitates greater trade flows between the two countries.

The Sri Lanka-Singapore Free Trade Agreement (SLSFTA) was signed by Singapore’s Minister for Trade and Industry (Industry) S Iswaran and Sri Lanka’s Minister for Development Strategies and International Trade Malik Samarawickrama. 

Prime Minister Lee Hsien Loong and Sri Lankan President Maithripala Sirisena witnessed the signing in Colombo.

With the deal inked, Singapore and Sri Lanka companies will gain greater access to each other’s markets across many sectors, said Singapore’s Ministry of Trade and Industry (MTI) in a news release.

Read more at https://www.channelnewsasia.com/news/singapore/singapore-and-sri-lanka-sign-free-trade-agreement-9886990