SINGAPORE-EU-ASEAN-TRADE - 12/03/2003 00:10
- AFP
LISBON, Dec 2 (AFP) - Singapore said Tuesday
it would like to complete a free trade agreement with the European
Union before a similar pact is reached between the bloc and the
ten-member ASEAN grouping of southeast Asian nations. "An EU-ASEAN
arrangement may take some time to come about," Singapore Prime
Minister Goh Chok Tong told reporters in Lisbon following talks with
his Portuguese counterpart Jose Manuel Durao Barroso. "In the
meantime we can consider an EU-Singapore free trade arrangement," he
added. "An EU-Singapore free trade agreement would be of interest to
both the EU and Singapore and of course it could pave the way for a
later EU-ASEAN arrangement." The Association of Southeast Asian
Nations (ASEAN) -- which groups Brunei, Cambodia, Indonesia, Laos,
Malaysia, Myanmar, the Philippines, Singpore, Thailand and Vietnam
-- agreed earlier this year to create a European-style common market
by 2020. Singapore had wanted the common market to be established
earlier, by 2015 at the latest. Goh began a three-day official vist
to Portugal on Monday. He is scheduled to travel to Nigeria and
Japan before returning to Singapore on December 13. lf/ds/nh
AFP-Direct -