Sri Lanka looks to revive stalled free trade deal with Singapore amid crisis | World News - Hindustan Times
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Sri Lanka looks to revive stalled free trade deal with Singapore amid crisis

Reuters |
Sep 27, 2022 01:04 PM IST

Sri Lanka-Singapore Deal: Sri Lanka President met Singapore Prime Minister Lee Hsien Loong in Japan on the sidelines of a state funeral for Shinzo Abe.

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.

Sri Lanka-Singapore Deal: A Sri Lankan flag is waved in Colombo, Sri Lanka.(AP)
Sri Lanka-Singapore Deal: A Sri Lankan flag is waved in Colombo, Sri Lanka.(AP)

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.

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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.

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