THE WHITE HOUSE
Office of the Press Secretary (Bandar Seri Begawan, Brunei Darussalam) ________________________________________________________________________ For Immediate Release November 16, 2000
JOINT STATEMENT BY PRESIDENT BILL CLINTON AND PRIME MINISTER GOH CHOK TONG ON A UNITED STATES-SINGAPORE FREE TRADE AGREEMENT The United States of America (USA) and Singapore have agreed to
start negotiations on a bilateral Free Trade Agreement (FTA).
USA and Singapore are both firm supporters of the Asia-Pacific Economic Cooperation (APEC), and are committed to APEC's Bogor Goals of free and open trade and investment by 2010 for industrialized economies and 2020 for developing economies.
The USA and Singapore reaffirm their strong commitment to the multilateral trading system and the launch of a New Round in 2001.
The FTA will be modeled after the US-Jordan FTA.
We have directed Ambassador Charlene Barshefsky and Minister George Yeo to endeavor to conclude negotiations before the end of the year.