Identifying New Growth Opportunities Within the UK-Singapore DEA
An overview of digital economy developments, utilisation of the UK-Singapore DEA, and potential growth opportunities
Documents
Details
The UK-Singapore Digital Economy Agreement (DEA), signed in February 2022, was the first DEA between Singapore and a European country. This established an ambitious framework for digital cooperation between our two countries.
This assessment confirms that the UK-Singapore DEA remains best-in-class, setting high standards for digital trade that reflect shared values of openness, innovation and fair competition. It also identifies several promising areas for further development: streamlined paperless trading systems, enhanced cybersecurity cooperation including quantum-resistant technologies, improved regulatory coherence in cross-border data governance, and deeper collaboration on emerging technologies like artificial intelligence and blockchain.