Businesses can go to covid.gobusiness.gov.sg for more information regarding the temporary suspension of activities. 

For more information on special travel arrangements that Singapore has implemented with other countries/regions, please go to https://safetravel.ica.gov.sg.

X
A Singapore Government Agency Website
AA
A
A

Signing of the Agreement between Singapore and the Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu

Signing of the Agreement between Singapore and the Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu

 

LIM HNG KIANG WELCOMES THE SIGNING OF THE AGREEMENT BETWEEN SINGAPORE AND THE SEPARATE CUSTOMS TERRITORY OF TAIWAN, PENGHU, KINMEN AND MATSU ON ECONOMIC PARTNERSHIP (ASTEP)

 

The Agreement between Singapore and the Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu on Economic Partnership (ASTEP) was signed on 7 November 2013 in Singapore by the Trade Representative of the Singapore Trade Office in Taipei, Mr Calvin Eu and the Representative of the Taipei Representative Office in Singapore, Mr Hsieh Fa-dah.

 

The Minister for Trade and Industry, Mr Lim Hng Kiang welcomed the signing of ASTEP: “ASTEP is a high-standard and comprehensive agreement that will strengthen the economic relations between Singapore and Chinese Taipei, both members of the World Trade Organisation (WTO). Companies from both sides are already actively pursuing business opportunities in each others’ economies. The agreement will further enhance and deepen trade and investment flows between both sides.”  

 

Chinese Taipei is Singapore’s eighth largest trading partner in 2012. Total trade volume between Chinese Taipei and Singapore rose 8.7% year-on-year to reach S$49.7 billion last year. Singapore is a regional headquarter and a key Southeast Asia hub for many Chinese Taipei companies seizing growth opportunities in the region. Our companies have also invested almost S$5.9 billion in Chinese Taipei in 2011.

 

MINISTRY OF TRADE AND INDUSTRY

7 NOVEMBER 2013

 

Please click here for the joint press release issued by the Singapore Trade Office in Taipei and the Taipei Representative Office in Singapore.

add HOME ABOUT US IMPROVING TRADE TRANSFORMING INDUSTRIES NEWSROOM RESOURCES LEGISLATION CAREERS
Contact Us Feedback FAQs