The Prime Minister of Singapore Lee Hsien Loong is scheduled to visit Sri Lanka early next year and a Sri Lanka – Singapore Free Trade Agreement (FTA) is expected to be finalized during the latter part of 2017, Foreign Minister Ravi Karunanayake said today.
Vivian Balakrishnan, Minister of Foreign Affairs of the Republic of Singapore met Karunanayake for talks in Colombo today.
Speaking to the media following the talks, Karunanayake said that Sri Lanka and Singapore enjoy strong and robust bilateral relations that have been built on mutual understanding and respect as well as through people to people contacts.
He said the Official visit by the Prime Minister of Sri Lanka to Singapore last July has opened a new chapter in further enhancing bilateral relations.
“Sri Lanka looks forward to the visit of Prime Minister of Singapore early next year,” he said.
He said that during his discussion with Balakrishnan today particular attention was paid to ways and means of further strengthening bilateral trade and investment including the proposed Sri Lanka – Singapore Free Trade Agreement (FTA), which is expected to be finalized during the latter part of 2017.
“I expressed my deep appreciation for the training opportunities offered by Singapore to Sri Lankan public sector officials including Sri Lanka Foreign Service officials through the Ministry of Foreign Affairs, Civil Service College of Singapore and Temasek International. We discussed ways of further strengthening training and educational collaboration between two countries. I also conveyed Sri Lanka’s appreciation for the support extended by Singapore for the country’s infrastructure development. We explored the opportunities available for Singaporean investors in the ongoing mega projects in Sri Lanka including the Colombo International Financial City, Western Province Megapolis Project and Trincomalee District Development Projects,” he added.
Foreign Minister Balakrishnan paid a courtesy call on President Maithripala Sirisena, this morning and will meet Prime Minister Ranil Wickremesinghe tomorrow. (Colombo Gazette)