News Snapshot:
SINGAPORE – Singapore and the United Kingdom will work more closely to facilitate digital trade between the countries, as part of a partnership that will make digital transactions by businesses easier, safer and cheaper. The partnership was deepened by the inking of three memoranda of understanding (MOUs) by the two countries on Monday (Nov 29). The MOUs will strengthen the digital connectivity between them, said Singapore’s Ministry of Communications and Information and the UK’s Department of Digital, Culture, Media and Sport in a joint statement. “In 2019, 70 per cent of UK cross-border services exports to Singapore were digitally delivered,”...
