Budget 2026: Singapore, New Zealand to sign pact on critical trade

The government is also setting up embassies in fast-growing markets.

Singapore is set to sign an agreement on trade in essential supplies with New Zealand later this year to ensure the continuity of critical trade flows during crises

The government will also establish new embassies in fast-growing markets such as Latin America, Africa, and the Middle East to strengthen diplomatic and economic presence, according to Prime Minister Lawrence Wong in Budget 2026.

“Closer to home, we are working with our neighbours to deepen regional integration,” Wong said in his speech.

Key projects include the Johor-Singapore Special Economic Zone and the Batam, Bintan, and Karimun free trade zones in Indonesia.

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SG Budget 2026

Singapore Budget

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