WTO members form partnership to support trade


Singapore Deputy Prime Minister and Trade and Industry Minister Gan Kim Yong. — The Straits Times

SINGAPORE: Fourteen small and medium 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 and Uruguay.

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