Sri Lanka Signs Landmark MoU with
Singapore
Singapore and Sri Lanka have recently pledged to develop close trade and economic
relations through the signing of a Memorandum of Understanding (MoU) at the
inaugural Sri Lanka-Singapore Business Forum.
The MoU,...
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Sri Lanka Signs Landmark MoU with
Singapore
Singapore and Sri Lanka have recently pledged to develop close trade and economic
relations through the signing of a Memorandum of Understanding (MoU) at the
inaugural Sri Lanka-Singapore Business Forum.
The MoU, which was signed by Singapore Business Federation (SBF) and the Sri
Lanka Singapore Business Council (SLSBC), aims to improve information sharing,
promote a favorable business climate, increase investment flows and protect the
intellectual property between their members.
The two parties also affirmed their
commitment to further their partnership in the infocommunications technology,
biotechnology and pharmaceutical industries.
This MoU comes on the back of another investment cooperation MoU signed
between SBF and Sri Lanka’s Board of Investment earlier on 15 February this year.
The said MoU aimed to deepen collaboration in the private sector and bolster
institutional relations between both economies.
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