percent of global gross domestic product by next year the global economy is in a synchronize downturn krista leno said of the round table discussion with chinese premier league 90 percent of the world's g.d.p. is slowing compassion with last year well back chief david urged china to further open its economy reduce state subsidies and allow the market to play a more decisive role to help stem the adult. now the e.u. singapore free trade agreement goes into effect today the long awaited bilateral deal is operational the partners will begin to phase out trade. it's the e.u.'s 1st .

percent of global gross domestic product by next year the global economy is in a synchronise downturn krista leno said of the round table discussion with chinese premier league 90 percent of the world's g.d.p. is slowing with last year well bank chief david malpass urged china to further open its economy reduce state subsidies and allow the market to play a more decisive role to help stem the dollar. now the e.u. singapore free trade agreement goes into effect today now that the long awaited bilateral deal is operational the partners will begin to phase out trade. it's the e.u.'s 1st trade agreement with a member of the association of southeast asian nations or a group of countries in the in the region that have teamed up to promote economic growth the deal aims to eliminate most arrows within the next 5 years sections of some fisheries and farm products trade in goods alone between the e.u. and singapore amounts to $53000000000.00 euros a year it's hoped the agreement will result in a rise of up to 10 percent in trade the e.u.'s already singapore's most important export destination for services