Singapore's Deputy Prime Minister Heng Swee Keat (L) and Chinese Vice Premier Han Zheng (Source: https://www.straitstimes.com) Singapore (VNA) – Singapore and China have signed nine agreements and Memoranda of Understanding (MoU) in various fields such as customs clearance, intellectual property management, education, innovation and communications, and smart city development.
Singapore’s Deputy Prime Minister Heng Swee Keat and China’s Vice Premier Han Zheng witnessed the signing of these deals after the conclusion of the Joint Council for Bilateral Cooperation (JSBC) meeting in Chongqing on October 15.
The two government officials also reviewed the bilateral cooperation as well as economic transformation and trade liberalisation, financial cooperation, and state-level bilateral cooperation projects.
Heng said that collaboration between Singapore and China must progress with time, as both countries have embarked on a new phase of development.
He also highlighted common challenges facing Singapore and China, including environmental protection, food security and an aging population.
The two officials reaffirmed the commitment to free and open trade, and announced the start of the Singapore-China Free Trade Agreement Upgrade Protocol./.
VNA
