Sri Lanka FM seeks Singapore’s assistance to secure bridge financing during official visit & More News Here

June 10, Colombo: At the invitation of the Minister for Foreign Affairs of Singapore, Dr. Vivian Balakrishnan, Minister Foreign Affairs Prof. G. L. Peiris undertook an official visit to Singapore from 8-9 June, 2022. An official visit of a Foreign Minister of Sri Lanka to Singapore happened after 4 years.

During the visit, Sri Lankan Foreign Affairs Minister held a bilateral assembly along with his counterpart Dr. Balakrishnan. He additionally met with Singapore’s Minister of Finance Lawrence Wong, who’s due to assume the publish of Deputy Prime Minister of Singapore on 13 June, 2022.

Singapore Minister for Law and Home Affairs Okay Shanmugam hosted the Sri Lankan Foreign Minister for lunch on 8 June with the participation of the Minister for Trade and Industry of Singapore S. Iswaran with many different dignitaries.

The discussions with the Singapore facet centered on the present financial disaster in Sri Lanka. Minister Peiris sought assistance from the Government of Singapore for Sri Lanka to secure bridging financing, improve international direct investments and improve alternatives for Sri Lankan exports to Singapore.

The Minister additionally sought the help of the Government of Singapore to receive extra employment alternatives for Sri Lankans in Singapore. At current, the 2 international locations are intently engaged on deploying healthcare staff, specifically, nurses to Singapore.

Minister Peiris additionally met with Senior Minister and Coordinating Minister for Social Policies of Singapore, Tharman Shanmugaratnam on June ninth and had a large ranging dialogue on the present state of affairs in Sri Lanka.

Minister Peiris briefed Minister Shanmugaratnam on points relating to Sri Lanka’s economic system and the employees degree discussions with the IMF. He requested Singapore’s assistance with regard to the best way ahead in resolving these points.

The Foreign Minister additionally had interactions with Senior Minister of State for Healthcare and Manpower of Singapore Dr Koh Poh Koon, Non- Resident High Commissioner of Singapore to Sri Lanka Chandra Das, Benedict Cheong, CEO of Temasek Foundation International, Vice Chairman (Asia) of the Temasek Group, and senior representatives of the Ministry for Foreign Affairs of Singapore.

During these interactions, the Foreign Minister thanked the Government of Singapore and Temasek Foundation International for the in depth assistance prolonged all through the COVID-19 pandemic to help Sri Lanka’s healthcare response by offering a lot wanted medical provides and gear and in addition collaborating on overcoming provide chain disruptions by producing facemasks in Sri Lanka for distribution by Temasek in Singapore and abroad.

The Minister additionally expressed appreciation for the current attraction by the Singapore Red Cross for humanitarian assistance for which the Government of Singapore pledged USD 100,000. The first consignment of medical provides from the Red Cross attraction has already reached Sri Lanka.

The delegation of the Foreign Minister’s official visit included High Commissioner Sashikala Premawardhane, senior officers of the High Commission of Sri Lanka in Singapore, and Private Secretary to the Minister T.N. Gamlath and Chairman of the National Apprentice and Industrial Training Authority (NAITA) of Sri Lanka.

Following the official visit, Foreign Minister Peiris is scheduled to attend the IISS-Shangri-La Dialogue 2022 to be held from 10-11 June, 2022. The Official visit was coordinated by the High Commission of Sri Lanka in Singapore.

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