Sri Lanka informs Singapore ready to implement FTA

Wednesday, 28 September 2022 00:26 - - {{hitsCtrl.values.hits}}

President Ranil Wickremesinghe meets with Singapore Prime Minister Lee Hsien Loong

Sri Lanka yesterday informed Singapore that it is ready to implement the Free Trade Agreement signed by the two countries in 2018.

Sri Lanka’s intention was conveyed by President Ranil Wickremesinghe to Singapore Prime Minister Lee Hsien Loong during their meeting in Tokyo on the sidelines of the State funeral of Japan’s former Premier Shinzo Abe.

During the discussions, President Wickremesinghe informed the Singaporean Prime Minister that an international trade office was being established in the President’s office. He also explained that his priority was to bring into effect the Free Trade Agreement with Singapore. Prime Minister Lee Hsien Loong welcomed the news and stated that Singapore was looking forward to investing in Sri Lanka once again.

President Wickremesinghe invited the Singaporean Prime Minister to visit Sri Lanka next year when the country celebrates its 75th Independence Anniversary.