Singapore, Sri Lanka keen to pursue bilateral free trade pact

SINGAPORE and Sri Lanka are both keen to pursue a bilateral free trade agreement, ministers from both countries have said on Wednesday. The Sri Lanka-Singapore Free Trade Agreement (SLSFTA) is expected to comprise commitments in trade in goods, services, investment and government procurement, said Singapore's Ministry of Trade and Industry in a release on Wednesday. "The SLSFTA will enhance economic flows by lowering barriers to entry and providing greater market access for both Singapore and Sri Lanka companies," said Minister for Industry S Iswaran at a business forum held in Colombo, capital of the South Asian island-country, on Wednesday...

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Source: The Business Times

Sri Lanka-Singapore Business Council delegation concludes Trade and Investment Promotion Mission

A 15 member Sri Lankan business delegation led by the Sri Lanka-Singapore Business Council of the Ceylon Chamber of Commerce has met with representatives of over 70 Singapore companies in order to explore opportunities in the areas of trade, tourism and investment. The delegation, who visited Singapore in mid-June, was led by Shamil Mendis, the President of the Sri Lanka – Singapore Business Council, who is also the Chairman/Managing Director of Spear Global Holdings Ltd..

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Source: Daily FT

SLSBC to Promote Trade Relations

The Sri Lanka-Singapore Business Council (SLSBC) will promote business relations between Sri Lanka and Singapore, SLSBC President Shamil Mendis told members at the 17th Annual General Meeting of the council recently. The Council facilitated business meetings for members of the Council on two occasions with International Enterprise Singapore and their inward delegations to Sri Lanka and collaborated with the Japan External Trade Organisation (JETRO) to conduct a survey involving selected Singapore companies operating in Sri Lanka..

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Source: Sunday Observer

Sri Lanka-Korea Economic Co-operation Committee holds AGM

The 20th Annual General Meeting of the Sri Lanka-Korea Economic Co-operation Committee of the Ceylon Chamber of Commerce was held on 7 August at the Hilton Colombo. The Council focuses on promoting investment, trade and joint ventures between Sri Lanka and Korea..

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Source: Daily FT