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SINGAPORE AND CHINA SIGN FREE TRADE AGREEMENT
China and Singapore signed the China-Singapore Free Trade Agreement (CSFTA) today, a key step forward that will further enhance bilateral economic relations. The FTA, concluded after two years of negotiations, is set to bring about advantages for Singapore businesses and consumers. This FTA also comes at a particularly important time, as it underscores Singapore’s commitment to the trade liberalization process amidst an increasingly challenging global economic environment.
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* For further information on concluded FTAs or FTAs in general, please refer to the FTA website, http://www.fta.gov.sg or email enquiry@iesingapore.gov.sg.
MINISTRY OF TRADE & INDUSTRY
23 OCTOBER 2008