Sri Lanka and Singapore FTA to finalise this year
The Dollar Business Bureau In order to further strengthen bilateral trade and investment between the two countries, Sri Lanka and Singapore are to formalise the Free Trade Agreement (FTA) later this year, said Sri Lankan Foreign Minister Ravi Karunanayake on Tuesday. The Sri Lankan Minister said that during a meeting with his Singaporean counterpart Dr Vivian Balakrishnan, who is on a visit to the island nation, particular emphasis was given on finding ways and means to further bolster bilateral trade and investment between the two nations. The proposed FTA between Sri Lanka and Singapore is likely to be finalised in the latter part of this year, reported the Chinese official news agency Xinhua. Addressing the media, Karunanayake said that both the countries enjoy robust and strong bilateral ties that have been ...
India eyes Pacific potential
The Dollar Business Bureau President Pranab Mukherjee, Vice President Mohd. Hamid Ansari, Prime Minister Narendra Modi and the Union Minister for External Affairs and Overseas Indian Affairs Sushma Swaraj, at the Ceremonial Reception of Heads of States arriving for the Forum for India-Pacific Islands Cooperation Summit, at Rashtrapati Bhawan, in New Delhi, on Thursday. India on Thursday said that an increased economic cooperation with Pacific Island countries will diversify the country’s bilateral trade and investments in energy, mining and other sectors. “The Pacific Island countries are generously endowed with natural resources. India would be happy to work with them in harnessing their mineral, marine and hydrocarbon resources,” President Pranab Mukherjee said addressing heads of states of the south Pacific region in ...
