Introduction

The Free Trade Agreement signed in May 2003 by the US President George Walker Bush and the Former Prime Minister of Singapore, Mr. Goh Chok Tong[1] represents a significant piece of history. In the first place, it is the first such agreement between the US and any Asian country.[2] Secondly, the Agreement, it has been contended, has the potential of encouraging other Asian countries to engage more closely with the US by entering into similar agreements.[3] Recent Free Trade Agreements have come to follow the pattern set by the North American Free Trade Agreement (NAFTA) by ...