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Each project group to prepare 2 slides (include class & names) summarizing key facts of the country that Singapore has trade agreement with (i.e. market, trade, potential industries, business initiatives, growth areas, etc.

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Group 1                                    China-Singapore Free Trade Agreement (CSFTA)

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Group 1                                    China-Singapore Free Trade Agreement (CSFTA)

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Done by:  Kathy (Leader) , Alicia , Anthea , Chloe , Mei Kwan

Key facts about China

Demographic
Population of 1,354,040,00 as of 2018

Economic
GDP of USD12237.70 Billion in 2017, representing 19.74% of the world economy.

Market
Chinese stocks worth a total of $6.09 trillion in the market as of August 2018
- China lost its status as world's second largest stock market amid trade war with the US.

Trade
Singapore's exports to China amounted to USD54.04 Billion in 2017, becoming Singapore's No. 1 export destination.

Potential Industries
Infrastructure
Technology
Consumer Lifestyle Industries

Business Initiatives
Belt and Road Initiative
Global Innovation Alliance (GIA) overseas initiative

Growth Areas
China's 13th five year plan aims to address Environmental and Social issues

Click here for some fancy slides***

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Done by: Chee Aun, Melody, Charmaine, Cheryl, Chee Hin

USSFTA- US - Singapore
Free Trade Agreement

Key facts of US
Demographic-Population is 318.9 million as of 2014

Economic- Gross Domestic Product of 22.07 trillion SGD

Market- Stocks are plummeting with the recent US trade war

Trade- In 2017, trade of US amounts to 3.89 trillion USD including both imports and exports. Trade tariffs have been totally eliminated in 2014

Potential Industries- Virtual Reality, Green Energy

Business Initiatives- US-Singapore military exchange

Growth Areas- Trump-Kim summit will increase international exposure for Singapore

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United States Singapore Free Trade Agreement

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Korea - Singapore
Free Trade Agreement

Done by: Chan Yong Lin, Lim Jie Min, Joey Chew, Nigel Low, Teo Bernice

Korea (2017):
Population - 51.47 million
GDP - 1.531 trillion USD
GDP per capita - 29,742.84 USD
Bilateral trade - 3.3 billion USD

Market:
- Real estate
- Manufacturing
- Electronics
- Precision Engineering
- Transport
- Food
- Information & Communications Technology

Trade:
- Republic of Korea was Singapore's ninth-largest trading partner and Singapore is South Korea's 10th-largest trading partner in 2017
- KSFTA covers tariff reduction/ elimination of 91.6% of all tariff lines

Potential Industries:
- Medical technology
- Artificial intelligence
- Industrial Internet of Things
- Energy
- Cyber Security

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Group 4- Sri Lanka- Singapore Free Trade Agreement (SLSFTA)

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Group 4- Sri Lanka- Singapore Free Trade Agreement (SLSFTA)

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Done by: Rauf, Wei Ling, Sarah, Linkesh, Sree

Key facts about Sri Lanka:

DEMOGRAPHICS:  Population of 21.44 as of 2017, growth of 1.1%

ECONOMIC:  GDP of USD87.4 billion

MARKET:  Country-wide drought conditions take a toll on market performance

TRADE: Trade between the two countries last year was $2.7 billion. Sri Lanka will eliminate tariffs on 80% of singapore’s exports, potential savings of $10 million each year to SG

POTENTIAL INDUSTRIES: Greater market access for professional, environmental, construction, tourism and travel services.

BUSINESS INITIATIVES: E-commerce (SLSFTA covers cross-border transfers of information by electronic means and data flows. Benefit  Singapore and Sri Lanka companies given the increase in demand for e-commerce and digital services.)

GROWTH AREAS:
Sri Lanka will progressively dismantle tariffs on 80% of Singapore’s exports over the next 15 years.