ECONOMY | Staff Reporter, Singapore

What the court ruling on EU-Singapore pact means for the UK

Singapore and EU have been negotiating their free trade agreement since 2010.

A report from Bloomberg said United Kingdom Prime Minister Theresa May could get a taste of what’s in store for Britain when the European Union’s top court spells out how the EU should ratify a free trade pact with Singapore, the tiger economy some want post-Brexit Britain to emulate.

“May’s objective of a comprehensive trade deal being agreed within two years were never very realistic,” said Steve Peers, a professor of EU law at the University of Essex. “If it has to be ratified by all national parliaments, that’s even less realistic.”

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