World

Singapore, China plan reciprocal 30-day visa-free entry

2023.12.07 06:10


© Reuters. FILE PHOTO: Travellers walk with their suitcases at Beijing Daxing International Airport in Beijing, China April 24, 2023. REUTERS/Tingshu Wang/File photo

(Reuters) -Singapore and China will put in place a 30-day mutual visa exemption agreement early next year, the Singapore foreign ministry said on Thursday, as the two countries agreed to further upgrade a trade pact between them.

“Both countries will work out the implementation details of the mutual 30-day visa exemption arrangement and implement it in early 2024,” the Singapore foreign ministry aid in a statement.

Thailand and Malaysia also have exempted visas for Chinese tourists.

Chinese foreign ministry spokesman Wang Wenbin confirmed the agreement on mutual visa exemptions for citizens of the two countries but made no mention of the length of stay.

“At present the competent authorities of the two countries are in close communication on specific matters,” he told a news briefing. “Both China and Singapore look forward to the early implementation and coming into force of relevant arrangements.”

Singapore Deputy Prime Minister Lawrence Wong, who is also Singapore’s finance minister, is on a visit to Tianjin city and Beijing. Wong is co-chairing the 19th Joint Council for Bilateral Cooperation (JCBC) in Tianjin on Thursday.

He said personnel exchanges between the two sides were increasing, with flights between both countries recovering to close to pre-pandemic levels, Singapore’s main Chinese language paper Lianhe Zaobao reported on Thursday.

“The 30-day mutual visa exemption arrangement between our two countries will also support such progress, which can promote more personnel exchanges and strengthen the cornerstone of bilateral relations,” the paper quoted him as saying.

This year, China resumed 15-day visa-free entry for citizens of Singapore, more than three years after such visas were suspended because of the COVID-19 pandemic. China has been eager for the agreement to become reciprocal, Reuters reported in May.

The upgraded protocol for the China-Singapore Free Trade Agreement (CSFTA) gives Singapore greater market access to China’s services sectors, the Singapore trade ministry said. China will not have foreign equity limits for Singapore investors in 22 sectors such as construction, retailing and wholesale, and architectural and urban planning services, it added.

Singapore’s central bank and the People’s Bank of China are also starting a pilot programme to allow travellers from both countries to use China’s e-CNY digital currency for tourism spending in Singapore and China, the Monetary Authority of Singapore announced on Thursday.

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 69,419.60 2.34%
ethereum
Ethereum (ETH) $ 2,428.22 1.45%
tether
Tether (USDT) $ 1.00 0.11%
bnb
BNB (BNB) $ 563.58 2.50%
solana
Solana (SOL) $ 165.92 5.54%
usd-coin
USDC (USDC) $ 1.00 0.05%
xrp
XRP (XRP) $ 0.513193 2.33%
dogecoin
Dogecoin (DOGE) $ 0.168713 8.00%
staked-ether
Lido Staked Ether (STETH) $ 2,426.16 1.28%
tron
TRON (TRX) $ 0.160528 1.48%
cardano
Cardano (ADA) $ 0.334393 2.65%
the-open-network
Toncoin (TON) $ 4.67 0.86%
shiba-inu
Shiba Inu (SHIB) $ 0.000018 6.19%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,870.97 1.52%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 69,348.58 2.51%
avalanche-2
Avalanche (AVAX) $ 23.94 5.34%
weth
WETH (WETH) $ 2,428.45 1.40%
bitcoin-cash
Bitcoin Cash (BCH) $ 343.44 4.74%
chainlink
Chainlink (LINK) $ 10.81 5.50%
usds
USDS (USDS) $ 1.00 0.02%
leo-token
LEO Token (LEO) $ 6.02 0.92%
sui
Sui (SUI) $ 1.97 7.36%
polkadot
Polkadot (DOT) $ 3.88 3.64%
litecoin
Litecoin (LTC) $ 66.05 0.70%
near
NEAR Protocol (NEAR) $ 3.81 6.54%
aptos
Aptos (APT) $ 8.48 6.94%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,552.65 1.51%
uniswap
Uniswap (UNI) $ 7.14 6.29%
pepe
Pepe (PEPE) $ 0.000008 7.82%
internet-computer
Internet Computer (ICP) $ 7.38 6.24%
bittensor
Bittensor (TAO) $ 452.60 9.33%
dai
Dai (DAI) $ 1.00 0.12%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.24 11.67%
monero
Monero (XMR) $ 158.65 1.05%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.12%
stellar
Stellar (XLM) $ 0.093462 2.82%
kaspa
Kaspa (KAS) $ 0.11063 6.59%
whitebit
WhiteBIT Coin (WBT) $ 19.08 0.99%
ethereum-classic
Ethereum Classic (ETC) $ 18.24 3.74%
first-digital-usd
First Digital USD (FDUSD) $ 1.00 0.19%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.303047 4.52%
blockstack
Stacks (STX) $ 1.52 5.16%
okb
OKB (OKB) $ 37.81 1.89%
dogwifcoin
dogwifhat (WIF) $ 2.08 8.99%
filecoin
Filecoin (FIL) $ 3.39 4.45%
aave
Aave (AAVE) $ 135.43 6.37%
crypto-com-chain
Cronos (CRO) $ 0.072219 2.78%
arbitrum
Arbitrum (ARB) $ 0.488366 4.05%
mantle
Mantle (MNT) $ 0.560596 1.85%
immutable-x
Immutable (IMX) $ 1.08 3.78%