Singapore Welcomes 'Important Step' in Ratification of FTA with EU

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European Council got the results of negotiations on the conclusion of free trade agreement between Singapore and the European Union, that on Friday (April 20) the Ministry of Trade and Industry called ‘an important step’ in the process of ratifying the trade pact.

This demonstrated the interest in the early conclusion of a free trade agreement between the European Union and Singapore, which will be beneficial for both sides.

“We welcome the news from the EU that the ratification of the EU-Singapore Free Trade Agreement is moving forward,” the Ministry of Trade and Industry said.