Moving more production onshore not sustainable approach to disruptions
Trade and Industry Minister urges more co-operation after signing of RCEP FTA
Singapore
CALLS for more onshore production are not a sustainable answer to supply chain disruption amid Covid-19, Minister for Trade and Industry Chan Chun Sing suggested.
He was speaking after the Regional Comprehensive Economic Partnership (RCEP) free trade agreement (FTA) was signed on Sunday on the sidelines of the 37th Asean Summit - some eight years after its launch.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.