Singapore, US celebrate two decades of free trade

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Singapore, US celebrate two decades of free trade
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pemBilateral trade nearly tripled, investments surged in the past two decades./em/p pSingapore and the United States on Monday celebrated the 20th anniversary of their free trade agreement (FTA) which helped boost trade and facilitate increased investments between the two nations.

Singapore and the United States on Monday celebrated the 20th anniversary of their free trade agreement which helped boost trade and facilitate increased investments between the two nations.

In 2022, the US was Singapore’s second biggest trading partner overall and the top trading partner in services, while the city-state was the US’s 17th largest. Singapore is also a major investor in the world’s largest economy, being the third-largest Asian investor in the US.

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