US-Singapore FTA boosts trade by 10 percent in first year of operation
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Trade between Singapore and the United States increased 10 percent to about 40 billion US dollars during the first year of their free trade agreement (FTA), the two countries said.
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Korea and Singapore sealed a free-trade agreement yesterday that covers nine broad areas, including electronics, finance and intellectual property rights.
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China and 10 South-East Asian countries have signed historic trade pacts to pave the way for the world&#39;s biggest free-trade zone by 2010, covering two billion people.
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Higher prices for oil and food powered the rise in import prices, while export prices increased 1.2 percent, the largest rise since January 1989, the government said.
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According to news.gov.hk: The first quarter saw Hong Kong's total exports to the Mainland for outward processing riseto $103.3 billion, up 21% on the same period last year.
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China will make more efforts to boost its trade volume with the 10-member Association of Southeast Asian Nations (ASEAN), one of China&#39;s most important trading partners to date and together have promising economic cooperation in the future, a Chinese
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China's total foreign trade for 2004 is expected to jump 30 percent year-on-year to 1.1 trillion dollars, making it the world's third largest trading power, the Ministry of Commerce said.
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South Korea's trade surplus hits a record level in June, making an interest rate rise more likely at next week's policy meeting.
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Economic ministers from the 10-member Association of Southeast Asian Nations agreed Friday to liberalize 10 sectors as a first step toward the creation by 2020 of a regional economic community akin to the European Union.
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JAKARTA, IndonesiaâEconomic ministers from the 10-member AssociaÂ­tion of Southeast Asian Nations agreed Friday to liberalize 10 sectors as a first step toward the creaÂ­tion by 2020 of a regional economic community akin to the European Union.
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Asian stocks in the shipping, steel and trading sectors bounced higher Friday after China said its economy expanded 9.1 percent in the year to the end of September.
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Out of the ASEAN summit, South Korea and Singapore said they agreed to form a free-trade deal that covers nine broad areas, including electronics, finance and intellectual property rights.
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SINGAPORE : Singapore and India are now ready to sign a wide-raging economic agreement to boost trade and investment after resolving all outstanding issues, an official statement said.
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The benchmark 10-year US Treasury note rose for the first day this week after its yield neared a three-month high and on speculation slower economic growth in Japan and Europe will spill over to the US.
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Korea will have a lot to gain from closer ties with Singapore&#39;s advanced service and financial sectors, while Singapore can capitalize on Korea&#39;s efficient logistics system following the inking of the bilateral free-trade agreement, a Singaporean business
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US-India trade, which has seen barriers fall dramatically in recent years, will get an additional boost once a US program fostering high-tech exports goes into effect this year, Commerce Secretary Carlos Gutierrez said.
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SINGAPORE  - Singapore's exports expanded by 17 per cent to a record high last year, riding strong demand from China for oil and commodities and on sales of electronics and pharmaceuticals to the United States and European Union.