Singapore, NZ to keep trade lines in essential goods open amid virus outbreak

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Singapore, NZ to keep trade lines in essential goods open amid virus outbreak
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Singapore, NZ to keep trade lines in essential goods open amid virus outbreak.

SINGAPORE and New Zealand have concluded negotiations to keep trade lines in essential goods open amid the novel coronavirus outbreak.

This comes as the trade ministers of both countries jointly announced on Wednesday a declaration on trade in essential goods for combating the Covid-19 pandemic.issued by New Zealand and SingaporeSeven other countries, namely Australia, Brunei Darussalam, Canada, Chile, Laos, Myanmar and Uruguay, have since pledged their commitment to the joint ministerial statement to ensure supply chain connectivity amid the virus situation.

The joint declaration also means there will be no tariffs and other trade barriers, including export restrictions.

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