SINGAPORE STRENGTHENS ECONOMIC TIES WITH AFRICAN COUNTRIES

Singapore has strengthened its economic relations with the African region with the signing of three bilateral agreements today. Minister for Trade and Industry (Industry) Mr S Iswaran signed an Avoidance of Double Taxation Agreement (DTA) with Ethiopia, a Bilateral Investment Treaty (BIT) with Mozambique; and a Bilateral Air Services Agreement (ASA) with Nigeria. The Ethiopia-Singapore DTA was signed with Ethiopia’s Minister of Foreign Affairs, Tedros Adhanom. The Mozambique-Singapore BIT was signed with Mozambique’s Minister of Trade and Industry, Ernesto Max Elias Tonela. The Nigeria-Singapore ASA was signed with Senator Hadi Sirika, Nigeria’s Minister of State of Aviation. 

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MINISTRY OF TRADE AND INDUSTRY
24 AUGUST 2016