EU votes in favour of landmark FTA with Singapore
2019-02-14 10:13:01 source：The Straits Times
February 13, 2019
SINGAPORE --- The European Parliament has given the green light to a landmark trade agreement with Singapore that is set to remove nearly all customs duties between the two jurisdictions.
Following a majority vote in favour of the European Union-Singapore Free Trade Agreement (EUSFTA) on Wednesday (Feb 13) in France, the pact can be ratified and entered into force. Meanwhile, two other agreements were also given the go-ahead.
Prime Minister Lee Hsien Loong said in a Facebook post on Thursday that the FTA will give Singapore and the EU - the Republic's largest investor and a major trading partner - better access to each other’s markets, and boost investment and business opportunities.
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