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Exchange of letters to start talks on upgrading FTA, agreement to kickstart Chongqing project signed

[SINGAPORE] Minister for Trade and Industry Lim Hng Kiang has exchanged letters with his Chinese counterpart, Minister of Commerce Gao Hucheng, to officially launch negotiations to upgrade the bilateral free trade agreement.

This sets the two countries on the path to broadening the pact, first inked in 2008, to cover more sophisticated economic areas like trade in services.

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