Bilateral trade between Singapore and the US increased by almost 40% since the United-States Singapore Free Trade Agreement (USSFTA) came into force in 2004. Total trade totalled $88.1 billion in 2007. Latest figures show that investment flows have increased by 22.4% since 2004, to S$46.1 billion in 2006. The USSFTA is the first comprehensive U.S. FTA with an Asian nation. This was announced at the 4th Annual Review of the United-States Singapore Free Trade Agreement (USSFTA) held on Friday. The review was co-chaired by Ms Koh Lin-Net, Deputy Secretary (Trade), Ministry of Trade and Industry, Singapore, and Ms Barbara Weisel, Assistant United States Trade Representative, Office of the United States Trade Representative. Bilateral trade which totalled S$88.1 billion in 2007, increased by almost 40% since the Agreement...
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