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EU-Singapore trade, investment protection deals win European Parliament’s backing

( February 13, 2019, 11:53 GMT | Official Statement) -- MLex Summary: EU lawmakers today ratified the EU-Singapore trade deal, which removes nearly all tariffs on EU products and simplifies customs procedures for goods such as electronics, food products and pharmaceuticals. The deal — which won backing from 425 EU lawmakers, with 186 against and 41 abstentions — also opens up the Singaporean market for European services such as telecommunications, environmental services and engineering. Separately, EU lawmakers also ratified today the EU-Singapore investment protection deal, which sets up a permanent court to settle disputes between investors and states.Statement follows. ...

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