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FTA with UK further consolidates Singapore's position as top trading hub

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Singapore now has a total of 27 FTAs - 12 regional and 15 bilateral.

PHOTO: ST FILE

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SINGAPORE - Even as trade remains riled by rising protectionism and a recession-inducing pandemic, Singapore continues to consolidate its position as a major node in the global supply chains that lead in and out of Asia.
In less than a month, Singapore joined the world's biggest multilateral regional trade partnership and then signed its maiden free trade agreement (FTA) with the world's sixth-largest economy.
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