âHub diplomacy' with an FTA is a win-win situation for both Sri Lanka and Singapore
Singapore’s Foreign Affairs Minister Dr. Vivian Balakrishnan says the proposed Free Trade Agreement (FTA) between Singapore and Sri Lanka can serve as Sri Lanka’s gateway in Southeast Asia and Singapore’s gateway to Indian Ocean.
Singapore’s Foreign Minister says both countries are hubs for respective regions and connecting the two hubs in trade will be a win-win situation for both countries.
Minister Balakrishnan, who is on an official state visit t