Exports: Singapore

(asked on 1st February 2024) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what steps her Department has taken to help increase exports to Singapore since 2022.


Answered by
Greg Hands Portrait
Greg Hands
Minister of State (Department for Business and Trade)
This question was answered on 8th February 2024

The UK-Singapore Strategic Partnership launched last September and encompasses our milestone UK-Singapore Digital Economy Agreement, the first-of-its-kind for the UK. Businesses are already benefitting from its world-class provisions on duty-free movement of data, data non-localisation and source code protection that make it easier for UK companies to trade digitally with Singapore.

In March 2023, the UK-Singapore Green Economy Framework was agreed, a hybrid climate-trade agreement and another first-of-its-kind for the UK, which will support decarbonisation in both economies, enabling green growth and job creation.

The UK’s upcoming accession to CPTPP, ratified by Singapore in January, will only further strengthen our strong trading relationship.

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