Russia-Singapore Business Council congratulates all Singapore citizens on Singapore National Day!
Month: August 2018
EAEU and Singapore will sign Free Trade Agreement at East Asia Summit
According to the Singapore Minister for Foreign Affairs Mr. Vivian Balakrishnan, Free Trade Agreement between the Eurasian Economic Union (EAEU) and Singapore is planned to be signed at the East Asia Summit in November 2018. “We hope to prepare all the necessary documents by November this year, when Mr. Vladimir Putin will come to us with the state visit” – he said. “The agreement is in high readiness, but there are still important legal issues left. Time is running, but we hope to settle all the issues before the visit”.
Negotiations on the conclusion of Free Trade Agreement between the EAEU and Singapore began in 2016. Since then, four rounds of agreements have been held, the last of which ended in Singapore in June this year. Currently, the EAEU has a free trade zone only with Vietnam.