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The EU and Singapore agree to strengthen bilateral partnership on digital trade

The EU and Singapore agree to strengthen bilateral partnership on digital trade

Today, European Commission Executive Vice-President and Trade Commissioner Valdis Dombrovskis and Singapore Minister-in-charge of Trade Relations S Iswaran co-chaired today the inaugural Trade Committee meeting under the EU-Singapore Free Trade Agreement (EUSFTA), which entered into force on 21 November 2019. They held discussions on strengthening bilateral digital trade, including with a view to advance towards a comprehensive EU-Singapore digital partnership. In that context, they tasked EU and Singapore officials to start technical discussions and identify the relevant digital trade elements. This marks the EU and Singapore’s shared vision of bringing their strong bilateral trade partnership into the digital future, building on the entry into force of the EU-Singapore Free Trade Agreement in 2019.  This will further deepen digital ties and expand bilateral trade and investments, ensuring that workers and businesses, especially small and medium enterprises, benefit from opportunities in the growing global digital economy.

Please click here for the full press release.

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