The Agreement between New Zealand and Singapore on a Closer Economic Partnership (CEP) entered into force on 1 January 2001.
The CEP aims to build on the close historical ties between Singapore and New Zealand by improving opportunities for trade in goods, services and investment.
In September 1999, New Zealand and Singapore announced intentions to negotiate a trade agreement.
[2] New Zealand PM Helen Clark and PM Goh Chok Tong signed the Agreement between New Zealand and Singapore on a Closer Economic Partnership (ANZSCEP), in a signing ceremony held on 14 November 2000 in Singapore.
Beyond providing improved market access, the ANZSCEP also brings economic cooperation between Singapore and New Zealand to new heights.