Negotiations started three years ago and upgraded deal is expected to be signed at a later dateIt includes broader economic cooperation on legal and financial services, e-commerce and the environment
China and Singapore have concluded talks to upgrade their free-trade deal, bringing to an end three years of negotiations.
The agreement was reached during a meeting between Chinese Vice-Commerce Minister Fu Ziying and Singaporean Minister for Trade and Industry Chan Chun Sing on the sidelines of the China International Import Expo in Shanghai, the Chinese commerce ministry said in a statement late on Monday.
Talks to upgrade the free-trade agreement, which took effect in January 2009, started after Chinese President Xi Jinping visited Singapore in November 2015.
The statement said the two countries would sign the upgraded trade protocol at a later date. The agreement includes broader economic cooperation between the two Asian economies on legal and financial services, as well as e-commerce and the environment.
