News

31st October 2018

EU-Singapore Free Trade Agreement – Opportunity for Irish Exporters

The signing of the EU-Singapore Free Trade Agreement represents a great opportunity for Irish export growth according to Ian Talbot, Chief Executive of Chambers Ireland.

Signed at the recent ASEM Summit held in Brussels, Ian Talbot said, “We welcome the signing of the EU-Singapore Free Trade Agreement. Ireland’s ability to benefit from the huge negotiating strength and resources of the European Union’s trade infrastructure continues to lead to ever greater export opportunities across the globe, providing new markets to counter the uncertainties prevailing in some of our traditional markets,” said Talbot.

“Deepening our relationship with the open, dynamic Singaporean economy will also lead to improvements in our own capabilities and lead to quality employment opportunities.

The signing of the EU-Singapore FTA is also of strategic importance in the context of significant future EU trade negotiations with economies such as Australia and New Zealand, but also for future trade negotiations with the UK, where the deal represents the kind of modern wide-ranging agreement it is possible to achieve with a dynamic, sophisticated economy,” he added.

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