Singapore looks to Jaffna as it signs trade agreements with Colombo
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Singapore’s Prime Minister Lee Hsien Loong said his government was looking to expand relations beyond Colombo and reach out to Jaffna, after signing a series of free trade agreements with Sri Lanka earlier this month.
Sri Lankan Prime Minister Ranil Wickremesinghe was on an official three day visit to Singapore last week, where he signed “four Memoranda of Understanding (MOUs), and a Joint Statement between the Ministry of Trade and Industry of Singapore and the Ministry of Development Strategies and International Trade of Sri Lanka to launch negotiations on a bilateral free trade agreement”, according to Singapore’s Ministry of Foreign Affairs.
Prime Minister Loong though said his country wanted to go beyond Colombo, stating Sri Lanka can be a gateway “to the Indian Ocean region for Singapore companies”.
During a lunch held to mark Mr WIckremesinghe’s visit Mr Loong highlighted how “since the 19th century, Singapore’s small but vibrant Sri Lankan community has contributed significantly to our development”.
He went on to point out that “Jaffna Tamils in the Straits Settlements’ civil service helped to lay the foundation for Singapore’s administrative and government services”.