I Lanka News

News Headings in Sri Lanka

Singapore and Sri Lanka sign free trade agreement
Business News

Singapore and Sri Lanka sign free trade agreement

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.

Anushka Vidanage is a seasoned professional news article writer for i Lanka News, a prominent platform delivering reliable and up-to-date news coverage in Sri Lanka and beyond. Known for her sharp analytical skills and engaging writing style, Anushka specializes in crafting insightful articles on current affairs, politics, and social issues. With a commitment to journalistic integrity, she brings clarity and depth to complex stories, making her a trusted voice in the world of news reporting.