Updated: 07/06/2012 23:07 | By Channel NewsAsia

Pandas from China to arrive by year—end

SINGAPORE: A pair of giant pandas from China will arrive in Singapore by the end of the year. The pandas, Kai Kai and Jia Jia, will be on loan to Singapore for 10 years, to foster good ties between the two countries.

This was confirmed after the 9th meeting of the Joint Council for Bilateral Cooperation in Suzhou, co—chaired by Singapore Deputy Prime Minister Teo Chee Hean and China Vice Premier Wang Qi Shan.

DPM Teo and Mr Wang also witnessed the signing of a memorandum of understanding with respect to the scope of banking services under the China—Singapore FTA.

The Suzhou government and Singapore’s Ministry of Trade and Industry will also work on enhancing software transfer.

DPM Teo is on the last day of a three—day visit to China.

—CNA/ac