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Singapore, Sri Lanka sign FTA; annual savings of S$10m expected

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Prime Minister Lee Hsien Loong and Sri Lanka President Maithripala Sirisena witnessing the signing of the Singapore-Sri Lanka Free Trade Agreement between Minister of Trade and Industry (Industry) S Iswaran and Sri Lanka's Minister for Development Strategies and International Trade Malik Samarawickrama.

Colombo

SINGAPORE and Sri Lanka signed a free trade agreement on Tuesday.

The deal guarantees tariff-free access for Singapore exports to Sri Lanka on 80 per cent of all tariff lines for 15 years, a statement from the Ministry of Trade and Industry (MTI) said.

Singapore

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