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Joint statement by the UK and Singapore
Joint Ministerial Statement by the Republic of Singapore and the United Kingdom (UK) on the signing of the UK-Singapore Free Trade Agreement and negotiations on a UK-Singapore Digital Economy Agreement
From:
10 December 2020
The UK and Singapore are pleased to announce today the signing of the UK-Singapore Free Trade Agreement (FTA). Both countries also agreed to start scoping the modules of a UK-Singapore Digital Economy Agreement (DEA), with the aim of launching negotiations on the DEA in early Spring 2021.
The UK and Singapore are like-minded partners with shared historical ties and excellent economic relations. Singapore is the UK’s largest trade and investment partner from ASEAN, while the UK is amongst Singapore’s top three European trading partners and Singapore’s top investment destination in Europe. As island trading nations, both countries share a strategic commitment to global trade, and the free flow of capital and in
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