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.