Singapore upgrade ties, promotes trade cooperation with New Zealand
Singaporean Prime Minister Lee Hsien Loong and his New Zealand counterpart, Jacinda Ardern, on May 17 issued a joint statement, agreeing to upgrade their bilateral relations into enhanced partnership.
Singaporean Prime Minister Lee Hsien Loong and his New Zealand counterpart, Jacinda Ardern(Photo: channelnewsasia.com)
Singapore (VNA) – Singaporean Prime Minister Lee Hsien Loong and his New Zealand counterpart, Jacinda Ardern, on May 17 issued a joint statement, agreeing to upgrade their bilateral relations into enhanced partnership.
The same day, competent authorities of both sides upgraded a long-standing Free Trade Agreement - the Agreement between New Zealand and Singapore on a Closer Economic Partnership (ANZSCEP), which took effect in 2001. Principles in the new documents will help simplify registration for tax exempt status as well as shorten time for customs clearance procedures, which must be completed within 24 hours after arriving in each nation. Meanwhile, it only takes goods sent using express delivery services four hours after local authorities received dossiers.
Jacinda Ardern is on her very first official visit to Singapore in her position as the Prime Minister of New Zealand. Last year, she came to Singapore to attend various events held in the framework of the 32nd ASEAN Summits and related meetings.
During her stay in Singapore this time, she had meetings with Singaporean President Halimah Yacob and Prime Minsiter Lee Hsien Loong. The leaders witnessed the signing of various documents on enhancing collaboration across the fields of trade, defence-security, innovative technology and people-to-people exchanges, among others.-VNA
You should also see
Energy industry needs nearly 5 trillion VND of investment in 2021-2030
The total investment capital demand for the whole energy sector in the 2021-2030 period is between 4.13-4.8 trillion VND (163.01-189.46 million USD), according to a plan to implement the National Power Planning in the 2021-2030 period with a vision to 2050.
See more
World
Thai central bank intervenes to stabilise currency
The Bank of Thailand (BoT) said it has intervened in currency markets at times to ease any excessive moves in the THB, adding that the current policy rate is robust and conducive to economic recovery, reported the Bangkok Post.
World
Vietnam appeals for maximum self-restraint, end to hostilities in Middle East
A representative of Vietnam appealed to all the parties concerned to exercise maximum self-restraint and to end hostilities, while addressing a United Nations Security Council (UNSC) open debate on the Middle East and Palestine situation on March 25.
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.
