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Singapore signs a freetrade pact with Sri Lanka

Spire, Singapore, FTA

Spire, Singapore, FTA

Singapore and Sri Lanka signed the first modern and comprehensive free trade agreement (FTA) earlier this year. This is expected to boost commerce, trade and investments between the two island nations.

Sri Lanka is Singapore’s 36th-largest trading partner with bilateral trade amounting to SGD2.7 billion in 2017. Singapore’s top imports from Sri Lanka include fuel oils, clothing accessories, perfumes, wheat flour and motor spirit, while Singapore’s exports to Sri Lanka include gold and jewelry, diesel fuel and petroleum oil, to name a few.

Will companies take advantage of the Sri Lanka-Singapore FTA?

Find out more here: https://www.spireresearch.com/newsroom/spirethoughts/singapore-signs-a-free-trade-pact-with-sri-lanka/

Spire Research and Consulting was established in 2000 to address a gap in the research and consulting industry in global emerging markets. Unlike most agencies that focus on traditional consumer research, our founders saw a profound need for holistic research projects.

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DLF Phase III, Sector 24, Gurugram – 122002, India
Telephone: (91) 124 421 6144
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E-mail: india.info@spireresearch.com

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