Australia, Singapore sign landmark Green Economy Agreement

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Australia and Singapore on Tuesday signed a first-of-its-kind Green Economy Agreement (GEA) to strengthen regional trade and investment in clean energy.

Australian Prime Minister Anthony Albanese said in a statement issued by his office that the landmark bilateral agreement between the two countries will support businesses to seize economic opportunities presented by the global clean energy transformation.

“This world-first agreement establishes a framework under which our countries can advance work on the clean energy transformation and support businesses and industry,” Albanese said.—Xinhua

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