Singapore, Pacific Alliance countries sign trade agreement

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BOGOTA - Singapore has signed a free trade agreement with the Pacific Alliance - made up of Colombia, Mexico, Peru and Chile - those governments said on Wednesday (Jan 26), in a deal they said would facilitate trade and closer ties with Asia. The deal will aid cooperation in the energy, infrastructure, digital and food industries, as well as shipping...

A handout photo. Colombian President Ivan Duque speaks during the XVI Summit of the Pacific Alliance in Bahia Malaga, Colombia on Jan 26, 2022.BOGOTA - Singapore has signed a free trade agreement with the Pacific Alliance - made up of Colombia, Mexico, Peru and Chile - those governments said on Wednesday , in a deal they said would facilitate trade and closer ties with Asia.

"With this new commercial accord between Singapore and the Pacific Alliance we are fulfilling the vision of moving closer to the Asia-Pacific , improving our commercial relations, attracting investment, increasing access to the goods market and propelling the access of service providers to a wide range of sectors," said Colombia commerce minister Maria Ximena Lombana.

 

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