China-Singapore Free Trade Agreement

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Chinese President Xi Jinping (3rd L) meets with his Singaporean counterpart Tony Tan Keng Yam (4th R) in Singapore, Nov. 6, 2015. [Xinhua]

China and Singapore signed the China-Singapore Free Trade Agreement (FTA) on October 23, 2008, during Singaporean Prime Minister Lee Hsien Loong's visit to China.

Negotiations on the FTA started in August 2006, and through 8 rounds of talks, the two sides successfully completed the negotiation in September 2008. The China-Singapore FTA is a comprehensive free trade agreement, covering commodity trade, trade in services, personnel flowing, and customs procedures.

China has become Singapore's largest trading partner and largest investment destination, and Singapore is China's second largest trading partner and second largest investment source in ASEAN countries.

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