SG, Germany forge strategic partnership to boost bilateral ties
The two countries will focus on security, trade, climate, and research.
Singapore and Germany are set to strengthen their ties through a strategic partnership, collaborating closely in areas such as security, trade, climate, and research.
As part of the partnership, militaries in both countries will deepen cooperation in digitalisation and cybersecurity and exchange information via a line of communication.
The partnership will also focus on advancing maritime digitalisation and strengthening collaboration within the financial services sector.
To promote sustainability, Singapore and Germany will explore various waste streams, including packaging waste, as well as measures to enhance climate resilience, particularly in coastal protection, urban stormwater management, and flood resilience.
Both parties will also create areas of cooperation on carbon pricing, including carbon tax, carbon credit agreements, and decarbonisation technology.
In addition, both parties will also implement joint research grants and projects in the fields of Quantum Technology, Medtech, Green Chemistry, Circular Economy, Carbon Capture Utilization, renewable energy technologies, and Information and Communication Technologies.