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
UOB CEO’s youngest child Grant Wee turns burnout into a wellness business
Wanted: 100 AI specialists, 100 wealth relationship managers at HSBC Singapore
China chipmaker CXMT jumps 472% in debut after US$9.8 billion IPO
Temasek should publicly state its position on the long-rumoured CapitaLand-Mapletree merger