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Minister for Trade and Industry (Trade) Lim Hng Kiang and PRC Minister of Commerce Zhong Shan co-chaired the 5th Investment Promotion Committee (IPC) Meeting in Beijing on 5 December 2017

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Minister for Trade and Industry (Trade) Lim Hng Kiang and PRC Minister of Commerce Zhong Shan co-chaired the 5th Investment Promotion Committee (IPC) Meeting in Beijing on 5 December 2017.  The Meeting discussed ways to enhance economic cooperation and deepen two-way investment ties as the two countries push ahead with their economic transformation efforts.  Singapore welcomed China’s interest to support the internationalisation of Chinese companies under the Belt and Road Initiative, by tapping on Singapore’s infrastructure development and financing capabilities and legal and dispute resolution services.  The Ministers agreed to work towards the towards the expeditious and substantive conclusion of the China-Singapore Free Trade Agreement upgrade.

 
 

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