Singapore and Australia sign digital economy pact to boost cross-border business activities

SINGAPORE - Singapore and Australia have signed an agreement which will open up economic opportunities for both countries.

The Singapore-Australia Digital Economy Agreement builds on Singapore and Australia's strong bilateral trade and investment flows to enhance economic opportunities in the digital realm, said the joint statement issued by the Ministry of Trade and Industry, the Ministry of Communications and Information, and the Infocomm Media Development Authority .

His Australian counterpart, Mr Birmingham, said that the agreement would help expand the scope of Australia's economic engagement with Singapore, which is its largest two-way trading partner in South-east Asia. Singapore, along with Australia and Japan, is a co-convener of the Joint Statement Initiative on E-Commerce at the WTO.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Singapore looks to add more business visitors as tourism wanes: STB chiefSINGAPORE (BLOOMBERG) - Singapore plans to expand the range of business visitors to boost its hard-hit tourism sector, with the return of mass travel still a long way off amid the pandemic, according to the head of the country's tourism agency.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »