Singapore, Mercosur Conclude FTA Talks

Singapore recently completed negotiations with South American trade bloc Mercosur that are expected to lower tariffs on a range of products traded between the two sides, the Hong Kong Trade Development Council reported Aug. 19. The deal includes reduced tariff commitments and initiatives to cooperate on intellectual property rights and competition policy, the report said. HKTDC said Singapore’s trade with Mercosur represents nearly half of its total trade with Latin America.