In order to promote the economic relations with Singapore, a free trade agreement and an agreement on double taxation avoidance have to be signed, said Prime Minister Nikola Gruevski at his meetings with the authorities of Singapore. At the business forum in Singapore, before some fifty companies, the government team presented the conditions Macedonia offers to new investors, its tax policy, economic zones and education.

Since 1995 when diplomatic relations between the two countries were established for the first time, this is the first official visit of a Macedonian delegation. At the meeting with the Prime Minister of Singapore, Lee Hsien Loong, Gruevski presented also Macedonia’s strategic commitment to joining NATO and the EU.

“I informed him about the initiative of signing a free trade agreement and an agreement on double taxation avoidance, which should reinforce our economic cooperation,” Prime Minister Gruevski said.

Apart from the presentation of the macroeconomic indicators, the government team had talks also with the largest tour operator of Singapore about bringing tourists to Macedonia.