President Maithripala Sirisena today informed Singapore Prime Minister Lee Hsien Loong of the decision to amend some clauses of the Free Trade Agreement (FTA) signed between Sri Lanka and Singapore.
Sirisena had late last year raised concerns over the FTA and appointed a committee to look into the agreement.
President Sirisena, who is on a two day official visit to Singapore, held bilateral discussions with the Prime Minister of Singapore Lee Hsien Loong today.
The two leaders agreed to further strengthen trade, tourism, and industrial relations between the two countries during the meeting, the President’s office said.
President Sirisena, referred to the Free Trade Agreement signed between Singapore and Sri Lanka and said that while drafting it certain weaknesses were evident from the Sri Lankan side and it is expected to make certain amendments. President Sirisena emphasized the importance of working towards that in the future.
Meanwhile, the Singapore Prime Minister extended the fullest support of the Government of Singapore to the drug eradication programmes in Sri Lanka.
A number of Sri Lankans are engaged in different professions in various fields in Singapore and the President was thankful for the Prime Minister of Singapore for the support given by his Government for the Sri Lankans who are employed in that country and the welfare of the Sri Lankan students engaged in higher education. (Colombo Gazette)