Economic observers have said that US President Donald Trump’s on-and-off tariff policy threatens to depress global trade and stall economic growth, especially for small and open economies. -- ST PHOTO: BRIAN TEO
SINGAPORE (The Straits Times/ANN): Fourteen small and medium-sized members of the World Trade Organisation (WTO), including Singapore, established a partnership on Sept 16 to boost their trading links, amid strains on the rules-based trading system.
The other members of the Future of Investment and Trade (FIT) Partnership, launched in a ministerial meeting held virtually, are Brunei, Chile, Costa Rica, Iceland, Liechtenstein, Morocco, New Zealand, Norway, Panama, Rwanda, Switzerland, the United Arab Emirates (UAE) and Uruguay.
