Singapore, Qatar close to FTA deal

Sat, 11 Jun 2005 | Source: AFP

SINGAPORE: Singapore and Qatar are close to signing a free trade agreement after ending their final round of negotiations on Friday, the city-state's trade ministry said.

Following a week of talks, Singapores Trade and Industry Minister, Lim Hng Kiang, and Qatars Economy and Commerce Minister, Sheikh Mohammed bin Ahmed bin Jassim Al-Thani, signed a declaration stating that negotiations had "been substantially concluded".

"Officials on both sides will continue discussions to finalize the text of the agreement, which is expected to be completed shortly," a statement said.

The agreement will "spur greater trade and investment linkages, as well as a closer relationship between the two countries", it added. -- AFP

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