Xinhua, Canberra :
A signed update to the 2003 Singapore-Australia Free Trade Agreement (SAFTA) is the “most comprehensive” update of any Australian free trade deal, the nation’s trade minister said on Thursday.
Trade Minister Steve Ciobo, along with his Singaporean counterpart Lim Hng Kiang, signed the updated agreement in Canberra on Thursday, and Ciobo said it would be “crucial” in maintaining a strong relationship with Singapore in years to come. “The agreement is a crucial part of Australia’s Comprehensive Strategic Partnership with Singapore,” Ciobo said in a statement released on Thursday.
“This updated FTA delivers big wins for Australian service providers with greater access and certainty in sectors such as education, law, financial and professional services.”
A signed update to the 2003 Singapore-Australia Free Trade Agreement (SAFTA) is the “most comprehensive” update of any Australian free trade deal, the nation’s trade minister said on Thursday.
Trade Minister Steve Ciobo, along with his Singaporean counterpart Lim Hng Kiang, signed the updated agreement in Canberra on Thursday, and Ciobo said it would be “crucial” in maintaining a strong relationship with Singapore in years to come. “The agreement is a crucial part of Australia’s Comprehensive Strategic Partnership with Singapore,” Ciobo said in a statement released on Thursday.
“This updated FTA delivers big wins for Australian service providers with greater access and certainty in sectors such as education, law, financial and professional services.”
