Talks begin in Melbourne today to lift what began as a 2001 pact between New Zealand and Singapore to a powerful "new generation" regional free trade deal that the United States has made a top trade priority.
Singapore and the European Union will launch negotiations for a free trade agreement with the first round of talks scheduled to take place in Singapore from March 8 to 12
The European Commissioner for Trade, Karel De Gucht, is due to travel to Singapore to launch negotiations on a free trade agreement (FTA) and to Delhi "to inject new momentum into the ongoing FTA negotiations"
Visiting Kenyan Prime Minister Raila Odinga has proposed a free trade agreement between Singapore and a group of African nations, the city-state's foreign ministry said Monday.
"While we don't lose sight of our ultimate goal of achieving an agreement within a regional framework, I welcome today's decision which will allow us to move forward and re-engage with this important region through negotiations with individual ASEAN member states," EU Trade Commissioner Benita Ferrero-Waldner said.
A Free Trade Agreement (FTA) with Singapore would be beneficial because it would result in more opportunities with Sri Lanka, currently attempting to develop itself as a hub to India and a financial hub; particularly due to the country's existing respective FTAs with India and with Pakistan, a top Singapore businessman has said.