EU-Singapore FTA may not come into force in 2015: PM Lee
BERLIN: Prime Minister Lee Hsien Loong and German Chancellor Angela Merkel noted that Singapore and Germany have cooperated in many areas. And both sides agree on the benefits of a speedy ratification of the European Union-Singapore Free Trade Agreement.
This would allow the trade pact to come into force so businesses and consumers can enjoy the benefits of greater economic exchange. But after meeting with Ms Merkel on Tuesday (Feb 3), Mr Lee said this will take time, with Europe having its own internal processes to clear the agreement.