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Prima: Sri Lanka-S'pore Ministers meet in Brazil
By Harinda Vidanage
Trade Minister Jeyaraj Fernandopulle is to meet his Singaporean counterpart on the sidelines of a World Trade Conference in Brazil, in a bid to settle the crisis with the Singapore based Prima flour milling company.

The Sunday Times learns that the Singapore government has intervened to settle the dispute between the government and the Prima company over the payment of subsidies and flour prices.

Mr. Fernandopulle who is on his way for the conference yesterday told The Sunday Times that he was going with his officials to respond to questions related to the Prima issue.

Mr. Fernandopulle said he was armed with all necessary documents and accompanied by officials connected with the issue so that Sri Lanka could present its case fully to Singapore.

The Sunday Times learns that the Prima company had appealed for intervention by the Singapore government after the Sri Lanka government decided to clamp a price control on Prima flour.

Officials said the trade agreement between Sri Lanka and Singapore provided for protection of investments and the Singapore government had intervened on that basis.

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