The first round of negotiations on the follow-up to the upgrade of the China-Singapore Free Trade Agreement (FTA) was held by video conference from March 25 to 31, 2021. The two sides held in-depth consultations on rules on cross-border trade in services, investment and telecommunications, exchanged views on services trade and investment liberalization negotiations and made positive progress in the negotiations.
The China-Singapore FTA was signed in October 2008 and came into force on January 1, 2009. In November 2018, the two sides signed an Upgrade Protocol to the China-New Zealand FTA, which will be implemented in October 2019. In accordance with the Protocol to the Upgrading of the China-New Zealand FTA, the two sides announced in December 2020 the launch of follow-up negotiations to upgrade the FTA, committed to carrying out negotiations on liberalization of trade in services and investment through a negative list approach, and further enhancing the level of liberalization and facilitation of bilateral trade and investment.