Security News > 2021 > December > Singapore and UK ink digital trade agreements at Future Tech Forum in London

Singapore and the UK signed three memorandums of understanding this week, hoping to strengthen digital connectivity between the two island nations.

In a canned statement, Singapore's Minister for Communications and Information, Josephine Teo, said the agreement would "Further strengthen the links between Singapore and the UK in digital trade facilitation, digital identities and cybersecurity."

The first MoU is to facilitate digital trade by sharing knowledge and implementation of pilot projects on areas like electronic trade documents and invoicing.

"As cyber security underpins the digital economy by promoting secure digital trade, the MoU will also build on existing workstreams between the UK and Singapore to build a secure and resilient cyberspace for businesses and consumers," read the two country's joint statement.

Digital trade agreements have become very trendy lately.

In her speech, Dorries called the trade agreement "Groundbreaking" and said she wanted to build on agreements on digital trade, infrastructure, and standards that had arisen with varying nations out of the G7. "We've got representatives from every corner of the planet - from the Republic of Korea to Kenya, Finland and the United States, and I'm very excited about the UK's new Digital Trade Network, which is going to make the most of fast-growing tech markets in the Asia Pacific region," said Dorries.

News URL

https://go.theregister.com/feed/www.theregister.com/2021/12/01/singapore_uk_digital_trade_mous/