Both countries are working towards the signing of the upgrade protocol later this year, Singapore’s Ministry of Trade and Industry said.
The upgrade of the free trade agreement between Singapore and China, which has been three years in the making, will likely be signed by both sides later this month in Singapore.
Singapore and the European Union (EU) on Friday (Oct 19) inked a landmark trade deal that will eliminate tariffs and give businesses across various sectors, especially small- and medium-sized enterprises (SMEs), better market access.
Ahead of Singapore and the European Union signing a landmark free trade pact today, Europe’s top trade official is confident that it will be ratified by the European Parliament and enter into force by early next year.
Indonesian Civil Society, urge the Government not to ratify the recently signed Bilateral Investment Treaty (BIT) with Singapore said it will threatens the state’s sovereignty. Besides signing the BIT, Indonesia-Singapore also signed MoU on Investment Cooperation for sectors such as Industry 4.0, tourism, financial technology, and education.
Prime Minister Lee Hsien Loong arrives in Austria on Wednesday (Oct 17) for an official visit, and will travel on to Belgium for a biennial summit of leaders from Asia and Europe.
Singapore and Indonesia signed an agreement to promote and protect investments, with the treaty promising Singapore companies operating in Indonesia protection and access to international arbitration in the event of investment disputes.
The petition filed seeking a court order pronouncing that the Sri Lanka-Singapore Free Trade Agreement is against the Constitution, will be taken up for consideration on January 09, the Supreme Court has decided.
Singapore and Indonesia have agreed to conclude talks on a bilateral investment treaty between their countries before their leaders hold a retreat next month.
India and Singapore signed the second protocol amending the Comprehensive Economic Cooperation Agreement (CECA), which will boost bilateral trade, with both sides agreeing to expand the coverage of tariff concessions.
Singapore is the second largest trading partner of India within ASEAN and India is the largest trading partner of Singapore in South Asia
The rationality behind the Singapore-Sri Lanka FTA is still undiscovered.
Trade ministers from 16 countries that are negotiating for an Asia-wide free trade pact began a two-day meeting in Singapore.
A Sri Lanka Free Trade Agreement with Singapore can be reviewed annually, and the government will set up an independent commission to do so, Prime Minister Ranil Wickremesinghe said as activists and opposition politicians protest fearing that the deal may lower prices to consumers and give less easy profits to businessmen.
The Expert Committee appointed by the President Maithripala Sirisena to study the Singapore-Sri Lanka Free Trade Agreement has decided to gather views from organizations and the public.
The Association of IT Professionals convened a press briefing in Colombo regarding the Sri Lanka-Singapore Free Trade Agreement (FTA) in which they stated it appears Member of Parliament Malik Samarawikrama is not versed on the agreement and that they themselves showed the Minister the clause regarding manpower.
Singapore Prime Minister Lee Hsien Loong said Southeast Asian countries were "redoubling their efforts to conclude the RCEP … by the end of the year".
Singapore and the South American customs union Mercosur have started negotiations for a free trade agreement.
Singapore ratified the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), becoming the third nation to do so after Mexico and Japan
Trade and Industry Minister Chan Chun Sing is expected to push for the speedy ratification of the European Union-Singapore Free Trade Agreement when he meets with his EU counterparts.