SINGAPORE (Aug 5): Singapore says it has an understanding with the US that the city state does not take advantage of privileges that come with “developing country” status in the World Trade Organization (WTO).

In response to a tweet last week from US President Donald Trump accusing countries of abusing that status, and ordering his top trade negotiator to take action, Singapore’s Minister for Trade and Industry Chan Chun Sing said the government had never taken advantage of such benefits.

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