SINGAPORE: China and Singapore have upgraded a 15-year-old free trade deal to further open up their markets to investors and services suppliers on both sides, and expand cooperation in telecom services, said Singapore’s Ministry of Trade and Industry (MTI).
The China-Singapore Free Trade Agreement’s (CSFTA) Further Upgrade Protocol, which entered into force on Dec 31, 2024, includes a recently updated edition of a “negative list” of Chinese industries in which foreigners are not allowed to invest.
