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
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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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