Singapore-Taiwan ASTEP is a step closer to signing
* Singapore and Taiwan have recently concluded substantive negotiations on
the economic cooperation agreement, the so-called the “Agreement between
Singapore and the Separate Customs Territory of Taiwan, Penghu, Kinmen and
Matsu on Economic Partnership” (ASTEP).
* Though the two sides have not set a date for signing the economic pact, steps
are taken to wrap up the final legal screening process and ink the deal in the
next few months.