Sri Lankan president calls for immediate implementation of FTA with Singapore to boost exports-Xinhua

Sri Lankan president calls for immediate implementation of FTA with Singapore to boost exports

Source: Xinhua| 2022-11-17 19:13:45|Editor: huaxia

COLOMBO, Nov. 17 (Xinhua) -- Sri Lankan President Ranil Wickremesinghe has instructed officials to implement the Sri Lanka-Singapore Free Trade Agreement (FTA) immediately in order to boost exports, local media reported Thursday.

The move came amidst an official visit by non-resident High Commissioner of Singapore Chandra Das to Sri Lanka.

Das called on Sri Lankan Foreign Minister Ali Sabry and held discussions on a wide range of issues related to enhancing bilateral cooperation between the two countries.

The Sri Lanka-Singapore Free Trade Agreement (FTA) was signed in 2018 but is yet to be thoroughly implemented.

The FTA covers goods, services, investment, intellectual properties, telecommunications, e-commerce, trade facilitation, government procurement, competition and economic and technical cooperation, according to local media.

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