Singapore and Sri Lanka to pursue bilateral FTA
Decision on how to proceed likely to coincide with next visit to Singapore by Sri Lankan prime minister
Lee U-Wen
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Singapore
SINGAPORE and Sri Lanka have confirmed that they would pursue a bilateral free trade agreement (FTA), one that is expected to comprise commitments in trade in goods, services, investment and government procurement.
Announcing this in Colombo on Wednesday, Singapore Industry Minister S Iswaran stressed that both sides stand to gain much from concluding a "modern and comprehensive" FTA.
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