Sri Lanka seeks to revive free trade deal with Singapore

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COLOMBO — Sri Lanka will step up efforts to revive a stalled free trade pact with Singapore, President Ranil Wickremesinghe told the city’s prime minister on Tuesday, his office said in a statement.

The leader of the crisis-hit Indian Ocean nation met Singaporean Prime Minister Lee Hsien Loong in Japan on the sidelines of the state funeral of Shinzo Abe, the slain former prime minister in July.

The free trade pact signed in January 2018 was suspended due to objections from opposition parties and professional bodies in Sri Lanka. Sri Lanka proposed more than a dozen amendments in May 2021, but talks have largely stalled. (Reporting by Uditha Jayasinghe; Writing by Shilpa Jamkhandikar; Editing by Clarence Fernandez)

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