] On Tuesday, the United States and Singapore signed a ] trade agreement that affirms both nations' commitment to ] punishing people who bypass copy-protection ] technologies--such as those used in most DVDs, a small ] number of CDs and some computer software. ] "We're working together to meet the threats of a new era, ] and we share a belief in the power of free enterprise and ] free trade to improve lives," President George W. Bush ] said during a Tuesday ceremony in Washington to mark the ] signing of the trade agreement. "The U.S.-Singapore Free ] Trade Agreement marks a crucial step forward for both our ] countries. And with the approval of the Congress, this ] agreement will help generate well-paying jobs and ] opportunities for people in Singapore and in the United ] States." The agreement is the first between the U.S. ] and an Asian nation. ] The agreement "breaks new ground in emerging areas like ] e-commerce," Singapore Prime Minister Goh Chok Tong said. ] "It also establishes high standards in intellectual ] property, transparency and customs. The FTA will expand ] opportunities for American businesses in Singapore. More ] importantly, the U.S.-Singapore FTA can be a model for ] other FTAs." |