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.

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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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