President Wickremesinghe meets Singapore Prime Minister

President Ranil Wickremesinghe (right) with Singapore’s Prime Minister Lee Hsien Loong 

•  Discuss strategies to boost bilateral collaboration 
•  Sri Lanka and Singapore forge historic partnership with Carbon Credits MoU

President Ranil Wickremesinghe yesterday met with Singapore’s Prime Minister Lee Hsien Loong. 

The key focus of the discussions was around the reinforcement of collaborative efforts between Sri Lanka and Singapore. 

The leaders emphasised the importance of sustained cooperation and explored avenues for increased economic involvement.

Following the meeting, a Memorandum of Understanding (MoU) was successfully inked, centring around the joint venture on carbon credits. This landmark collaboration falls under Article 6 of the Paris Agreement, a pivotal framework for global environmental stewardship.

This historic MoU was signed by the High Commissioner of Sri Lanka to Singapore Sashikala Premawardhane, and Trade and Industry Ministry Permanent Secretary (Development) Beh Swan Gin, in the presence of President Wickremesinghe and Prime Minister Lee. 

Notable figures accompanying President Wickremesinghe included Chief-of-Staff and National Security Advisor Sagala Ratnayaka, Senior Advisor on Climate Change Ruwan Wijewardena, and Senior Advisor on Economic Stabilisation Dr. R.H. Samaratunga. 

This strategic partnership not only showcases the commitment of both nations to environmental responsibility but also sets the stage for further collaboration in various sectors, paving the way for a prosperous and sustainable future.