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FACT SHEET Agreement on US-Singapore Free TransfersFact Sheet • October 14th, 2020
This approach is consistent with the shared economic philosophy and policy perspective of both the United State and Singapore. Retaining the principle of free transfers sends a strong signal to the markets that the U.S. and Singapore support the free flow of capital and recognize its importance in economic development. Free transfers permit the efficient allocation of resources and provide investors with a transparent regime for doing business free of political obstacles.
