Britain on Thursday signed a free-trade deal with Singapore, giving it a key foothold in Asia as it seeks to forge its own path after leaving the European Union, while talks on a post-Brexit deal stumble.
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Officially the Republic of Singapore, this sovereign island city-state is located in Southeast Asia and has become a global hub for business and innovation. PHOTO: STOCK / MIHAARU
2020-12-10 10:05:07
Britain on Thursday signed a free-trade deal with Singapore, giving it a key foothold in Asia as it seeks to forge its own path after leaving the European Union, while talks on a post-Brexit deal stumble.
The agreement largely replicates an existing EU-Singapore agreement, with the city-state's trade ministry saying it will cover more than 17 billion pounds (US$22 billion) in trade.
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