Singapore/Australia FTA: a closer look.
| Author | Yin, Peter |
| Position | Free trade agreement - Cover Story |
As trade barriers crumble and market liberalisation takes shape in the region, Australia stands at the forefront to grasp the opportunities created by a natural evolution of the new economy.
Singapore and Australia have entered an historic free trade agreement (FTA) that will pave the way for increased trade and investment, enhanced professional, financial, telecommunications and other services, and for greater intellectual property protection. SAFTA is the first bilateral trade agreement for Australia in almost 20 years, since New Zealand in 1983.
For Singapore, it comes hot on the heels of the FTAs Singapore has concluded with New Zealand, Japan and the European Free Trade Association, as well as commencing discussions with the United States in recent months.
The FTA will benefit not...
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