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China, Singapore sign cooperation document on upgrading FTA

Updated: Nov 13,2018 3:07 AM     Xinhua

Premier Li Keqiang (2nd L) and Singaporean Prime Minister Lee Hsien Loong (2nd R) witness the signing of cooperation documents on upgrading the two countries’ free trade agreement, connectivity, finance, science and technology, environment, culture and customs after their talks in Singapore, Nov 12, 2018. [Photo/Xinhua]

SINGAPORE — China and Singapore signed a cooperation document on upgrading the two countries’ free trade agreement (FTA) as the two sides had finalized the negotiations.

Premier Li Keqiang and Singaporean Prime Minister Lee Hsien Loong witnessed the signing of the document on Nov 12 after holding talks.

Premier Li arrived in Singapore earlier on Nov 12 to start his first official visit to Singapore, where he is expected to build momentum for free trade and regional cooperation.

When meeting with Lee, the Premier expressed the hope that the two sides seize the opportunity of the finalization of the FTA upgrading negotiations and lift two-way trade and investment to a higher level.

Upgrading the FTA will bring about real benefits to people and companies of the two countries and send to their business circles a strong signal of further expanding trade and investment, Lee said.

On the occasion of signing the FTA upgrading document, the two sides also signed cooperation documents on connectivity, finance, science and technology, environment, culture and customs.

During the visit, Premier Li is also going to attend the 21st China-ASEAN (the Association of Southeast Asian Nations) (10+1) leaders’ meeting, the 21st ASEAN-China, Japan and South Korea (10+3) leaders’ meeting and the 13th East Asia Summit.

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