Economics

EU-Singapore Trade Pact Nears Entry Into Force After Long Delay

  • European Parliament approves agreement reached in late 2012
  • Market-opening accord may take effect later this year
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The European Parliament approved a free-trade agreement with Singapore as Europe continues a campaign to counter the protectionism of U.S. President Donald Trump.

The European Union assembly’s green light on Wednesday in Strasbourg, France, means the market-opening accord may take effect later in 2019 following years of legal delays.