What are Free Trade Agreements (FTAs)?

On May 31, 2016, Posted by , In Singapore,Singapore Tax,Tax, By ,,,,,, , With Comments Off on What are Free Trade Agreements (FTAs)?

What are Free Trade Agreements (FTAs)? FTAs are treaties between two or more economies to bring closer economic integration by reducing or removing trade barriers, encouraging and promoting businesses to trade regionally and internationally. FTAs can potentially reduce one of the cost components – import duties, which could make your exports…