Exam Walk Thru: Trade Agreements Extract 1: UK and Singapore agree a free trade deal Singapore and the UK signed a free trade deal in December 2020. The deal will cover trade worth more than $22bn (£17bn). The agreement removes import tariffs by 2024 and gives both countries access to each other's markets in services. It will also cut The agreement mirrors the EU-Singapore Free Trade Agreement which entered into force in 2019 Singapore is the United Kingdom's 16th biggest trade partner outside the EU. The UK exported £10.7bn of goods and services to Singapore in 2019 and imported £6.9bn worth products giving the UK a