Taiwan signed a free-trade deal with Singapore on Thursday, its first with a Southeast Asian country.

This is the second economic cooperation agreement that Taiwan has signed with a key regional economic player other than China in recent months, after the inking of a trade pact with New Zealand on July 10. As Singapore is a founding member of the Trans-Pacific Partnership (TPP) and a member of the Regional Comprehensive Economic Partnership (RCEP), this achievement helps pave the way for Taiwan to join the TPP and RCEP.

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