The China-Singapore Free Trade Agreement (CSFTA) was signed after eight rounds of negotiations held over two years in both Singapore and Beijing. The CSFTA negotiations were concluded on 3 September 2008 in Beijing.
The CSFTA was signed between Singapore Minister for Trade & Industry Lim Hng Kiang and PRC Minister for Commerce Chen Deming. The ceremony was witnessed by both Prime Minister Lee Hsien Loong and PRC Premier Wen Jiabao, on 23 October 2008 in Beijing.
This is the first comprehensive bilateral FTA that China has signed with another Asian country, covering trade in goods, trade in services, rules of origin, trade remedies, sanitary measures, technical barriers to trade, customs procedures, economic cooperation and dispute settlement, among others.
The CSFTA entered into force on 1 January 2009.