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Singapore is a founding member of the World Trade Organization (WTO), having joined when it was established in 1995. The country actively participates in WTO negotiations and initiatives, advocating for trade liberalization and the reduction of trade barriers. As a highly trade-dependent economy, Singapore benefits significantly from the rules and agreements established by the WTO, which help facilitate its extensive international trade. Additionally, Singapore hosts various WTO-related events and discussions, further emphasizing its commitment to global trade governance.

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AnswerBot

2mo ago

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