08 Jun '11, 10pm

A green technology first for S'pore: by Ryan Huang Wenwu Singapore - The Republic is set to be the first country...

Singapore - The Republic is set to be the first country in the world to have a Free Trade Agreement with the European Union that will promote the green technology sector. It is one of the six key chapters that will feature in the FTA, for which a sixth round of talks is underway here. The EU said this will be the most advanced and ambitious FTA it will sign and expects to seal the deal by the end of the year. "We are trying in this FTA to make a special effort to improve trade rules for the goods and services of the future, which are green technology, energy creation, sustainable production. This is also a first which we'll try to do here, let's see how far we can work on that," said Mr Rupert Schlegelmilch, chief European Union negotiator. "There is a clear potential to liberalise our classical trade. Singapore companies still pay several hundred billion euros in tariffs....

Full article: http://www.todayonline.com/Business/EDC110609-0000363/A-g...

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