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Upgraded Singapore-Australia FTA takes effect

Trade rules updated for goods; businesses can bid for more Aussie government contracts

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Trade Minister Lim Hng Kiang said he looks forward to greater collaboration between companies from both sides.

Singapore

THE upgraded Singapore-Australia Free Trade Agreement (SAFTA) was ratified and came into force on Friday, heralding a new era of bilateral economic relations, the Ministry of Trade and Industry (MTI) announced.

Its key benefits include updated trade rules in goods,

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