UK-Singapore trade ties are a model of resilience in a volatile world
Amid increasing protectionism, supply-chain vulnerabilities and geopolitical tensions, the partnership continues to grow
THE world is changing. Geopolitical, geoeconomic and technological shocks are reshaping the international order.
In today’s volatile world, few partnerships are as strategically vital, forward-looking and resilient as the one the UK shares with Singapore. Bilateral trade is worth about £23 billion (S$40 billion) – accounting for more than 40 per cent of the UK’s total trade in South-east Asia.
Our partnership is already underpinned by a powerful suite of modern agreements – from our Free Trade Agreement to the Green Economy Framework Agreement – which enable our businesses to thrive, our innovators to collaborate, and our economies to grow sustainably.
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