Commonwealth’s economic momentum grows
The 56-member group can advance trade liberalisation by building on existing Asia-Pacific and African agreements
A SIGNIFICANT range of business memorandums of understanding were sealed at the Commonwealth Trade and Investment Summit hosted in the City of London in April 2026.
However, momentum is growing for a much bigger economic prize for the 56-member organisation – an ambition that holds substantial strategic value for key Asean nations including Singapore, Malaysia and Brunei.
The potential larger business ambition on the horizon is a pan-Commonwealth trade liberalisation deal. This would build from the wide range of bilateral and plurilateral economic agreements currently in place between member nations.
TRENDING NOW
‘Even a CEO’s job can be replaced by AI’: DBS CEO Tan Su Shan bets big on agentic AI
Xi Jinping has just rewritten the rules of US-China rivalry
Quantify, be ambitious: Time for CDL, UOL to unveil plans to further boost share price
Singapore developer in limbo after Timor-Leste scraps major township project