Sri Lanka looks to revive free trade deal with Singapore
Sri Lanka will step up efforts to revive a stalled free trade pact with Singapore, President Ranil Wickremesinghe told the city state’s premier on Tuesday, his office said in a statement.
The leader of the crisis-hit Indian Ocean nation met Singapore Prime Minister Lee Hsien Loong in Japan on the sidelines of a state funeral for Shinzo Abe, the former prime minister assassinated in July.
The free trade pact signed in January 2018 was suspended because of objections from Sri Lankan opposition parties and professional bodies. Sri Lanka proposed more than a dozen amendments in May 2021 but talks have largely stalled.
Latest Headlines in Sri Lanka
- Sri Lanka pays off $200 million loan from Bangladesh with $4.5 million interest September 24, 2023
- Bar Association of Sri Lanka demands withdrawal of Anti-Terrorism and Online Safety Bills September 24, 2023
- Malaysian Police tracking down two Sri Lankan triple murder suspects September 23, 2023
- Sri Lanka’s Agriculture Minister explores opportunities to export eggs and chicken September 23, 2023
- Stability should not come at the sacrifice of values of freedom of expression: U.S. Ambassador September 23, 2023