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S'pore, Australia sign 10-yr road map to take ties to next level
They will work more closely on trade, investment, financial markets, tourism, labour flow, defence and security
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Lee U-Wen
Published Mon, Jun 29, 2015 · 09:50 PM
Singapore
SINGAPORE and Australia are rolling out the red carpet for businesses to invest in each other's economies more easily, thanks to a historic deal inked by their leaders on Monday.
Under the Comprehensive Strategic Partnership (CSP) signed by prime ministers Lee Hsien Loong and Tony Abbott at the Istana, there will be better access and integration of the two countries' financial and capital markets.
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