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SINGAPORE

HIGHLIGHTS OF EU COOPERATION

The EU supports private sector development through the EU Business Avenues in Southeast Asia programme.

From July 2016 to December 2019, 16 business missions have been successfully organised in the ASEAN region to showcase EU innovative technologies.

KEY ACHIEVEMENTS IN 2019

  • The EU-Singapore Free Trade Agreement came into force on 21 November 2019.
  • The EU-Singapore Investment Protection Agreement (EUSIPA) and Partnership and Cooperation Agreement (ESPCA) – signed in October 2018 – were ratified by the European Parliament in February 2019.
  • The ESCPA will strengthen political dialogue with Singapore and enhance cooperation in a broad range of areas.