How world's largest trade pact benefits Singaporeans, businesses
Firms can enjoy preferential tariffs, other cost savings that will be passed on to consumers
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Say you are a company producing mutton curry in Singapore.
With the newly signed Regional Comprehensive Economic Partnership (RCEP) trade pact, you can buy ingredients such as mutton and curry paste from 14 other countries and still have the final can or packet of the dish count as made in Singapore.
