China and Singapore Free Trade Agreement Upgrade The Fourth round of negotiations of the Fourth round of negotiations will be held

Author:Cover news Time:2022.08.03

Cover news reporter Teng Yan

On August 3rd, according to the official website of the Ministry of Commerce, on August 1, the Ministry of Commerce of China and the Ministry of Trade and Industry of Singapore held a conference on the fourth round of negotiations in the fourth round of negotiations by the Ministry of Trade and Industry of Singapore.The two sides conducted in -depth discussions on topics such as chapters, service trade and investment negative lists, and made positive progress.The two sides agreed to actively promote the negotiation process and strive to achieve the substantial results as soon as possible.

China-Singapore Free Trade Agreement Upgrade Protocol was implemented in October 2019.According to the provisions of the upgrade bearing, the two parties announced in December 2020 to start upgraded follow -up negotiations, and are committed to adopting negative lists to carry out service trade and investment liberalization negotiations to comprehensively improve the level of liberalization and facilitation of bilateral trade investment.

In March of this year, at the press conference on the high-quality development of business in the press conference held by the National New Office, the Ministry of Commerce said that the Ministry of Commerce said that it will be upgraded to the China-Singapore Free Trade Agreement as soon as possible during the year, and actively promote the China-ASEAN free trade.Area 3.0 Frequent feasibility study.

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