Singapore’s Bilateral Agreements with Colombia
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Pacific Alliance – Singapore Free Trade Agreement (PASFTA)
With the newly concluded Pacific Alliance – Singapore Free Trade Agreement (PASFTA) in 2021, doing business in Colombia is getting easier for Singapore companies.
The PASFTA with the Pacific Alliance trade bloc (comprising Colombia, Chile, Mexico, and Peru) will pave the way for Singapore companies to access a combined market of 223 million people and a combined GDP of US$4.05 trillion, the 8th largest economy in the world.
Singapore, Colombia sign MOU to boost trade, energy and tech collaboration
Businesses will have more opportunities to collaborate in areas such as technology and innovation.
Pacific Alliance FTA is finally signed and delivered; here is why it matters
The signing came after 4 years of negotiations. Find out what this means for your business.