Singapore, China can break new ground through Belt and Road: DPM Teo
By Olivia Siong@OliviaSiongCNA28 Jun 2018 10:59PM (Updated: 28 Jun 2018 11:42PM)
Mr Teo was also asked about the progress of negotiations on the China-Singapore Free Trade Agreement (CSFTA).
“With trade protectionist sentiments on the rise, both countries understand the importance of sending a strong signal of our joint commitment towards free trade by concluding a forward-looking, substantive and comprehensive upgrade of the CSFTA before the end of this year,” stressed Mr Teo.
He added it is for the same reason that Singapore hopes the Regional Comprehensive Economic Partnership (RCEP) can be concluded soon.
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Yes with the wind of trade protectionist sentiments growing so strong fan by Trump and his protectionist trade team ---- members of RCEP and China must provide impetus and urgency to conclude both the RCEP and CSFTA to boost trade among members --- and to mitigate the trade war started by Trump.
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