Indonesia, Singapore agree to soon complete bilateral trade deal
Indonesia and Singapore have agreed to speed up the finalisation of the bilateral trade agreement, said the two countries’ ministers in the latest statement.
Indonesia’s Minister of Trade Agus Suparmanto (L) and Singapore’s Minister for Trade and Industry Chan Chun Sing (Photo: antaranews) Jakarta (VNA) – Indonesia and
Singapore have agreed to speed up the finalisation of the bilateral trade
agreement, said the two countries’ ministers in the latest statement.
Besides, Indonesia’s Minister of Trade Agus Suparmanto and Singapore’s Minister for Trade and Industry Chan Chun Sing discussed the development of the Regional Comprehensive Economic Partnership (RCEP) negotiations and strategies to solve issues that still pose obstacles such as market access.
The two countries have set up six working groups on special economic zones on Batam, Bintan and Karimun islands, labour, investment, transportation, agribusiness, and tourism to complete the deal.
Singapore is now the biggest trading partner of Indonesia in Southeast Asia with two-way trade reaching 34.4 billion USD in 2018, up 16.61 percent against the previous year./.
Besides, Indonesia’s Minister of Trade Agus Suparmanto and Singapore’s Minister for Trade and Industry Chan Chun Sing discussed the development of the Regional Comprehensive Economic Partnership (RCEP) negotiations and strategies to solve issues that still pose obstacles such as market access.
The two countries have set up six working groups on special economic zones on Batam, Bintan and Karimun islands, labour, investment, transportation, agribusiness, and tourism to complete the deal.
Singapore is now the biggest trading partner of Indonesia in Southeast Asia with two-way trade reaching 34.4 billion USD in 2018, up 16.61 percent against the previous year./.
You should also see
Hmong ethnic people preserving traditional blacksmithing
Long Hay, in Muong Phang, Dien Bien Phu city, Dien Bien province, is a village inhabited by Hmong ethnic people. Some local families have continued the traditional craft of forging agricultural tools.
See more
World
Indonesia’s coffee exports surpass imports
Indonesia’s coffee exports have surpassed imports for 47 consecutive months since May 2020, the Central Statistics Agency (BPS) has reported.
World
Thailand expects wave of tourists during Golden Week
The Tourism Authority of Thailand (TAT) estimates that about 996,000 foreign tourists will visit the Southeast Asian country between April 26 and May 5, known as the Golden Week holidays in Japan, during which Chinese tourists also prefer to travel overseas.
World
Argentinian media praises Dien Bien Phu Victory
Argentinian newspapers have called Vietnam's Dien Bien Phu Victory (May 7, 1954) a symbol of the national liberation movement of oppressed and colonialised peoples worldwide.
World
Laos speeds up granting licences to foreign workers
Laos's Ministry of Labour and Social Welfare plans to issue visas to illegal foreign workers and extend permits to legal ones so that they can continue to work in the country.
World
Argentinian scholar praises Vietnam’s April 30, 1975 victory
The complete reunification of Vietnam on April 30, 1975 was an extremely significant event in the history of the country and the world, opined a scholar from the Institute for International Relations at the National University of La Plata, Argentina.
