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Free trade agreements (FTA) are as crucial to Singapore as water. If you want to know the value of water, try not drinking water for one day. The thirst will make you appreciate water more. In the same token, Singapore needs FTAs as much as it needs water and we require new FTAs regularly in order to maintain our growth. Hence despite the existence of 21 FTAs with 32 countries around the world, Singapore still has to pursue more FTAs. The most recent and important FTA would be the Trans-Pacific Partnership (TPP) that ties Singapore with 11 other countries that include Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, United States and Vietnam. Of these, Mexico and Canada are new free trade partners for Singapore. TPP is of vital importance as it widens the market for Singapore by removing more trade barriers. TPP covers a global ......