Japan and Singapore should conclude a comprehensive bilateral free-trade agreement that covers cooperation in electronic commerce and financial services and the smooth flow of people, according to a report released Friday.
Government officials, academics and private-sector representatives from the two countries submitted the report they compiled on the feasibility of a bilateral FTA to Prime Minister Yoshiro Mori, government officials said. The report outlines the principle and scope of the proposed agreement.
The two governments will start official negotiations based on the report after Mori and Singapore Prime Minister Goh Chok Tong declare the opening of official talks this fall, the official said.