News

Economy

Staff Reporter

, Singapore

Published:

1 year ago

108 views

Second Minister for Trade and Industry Dr Tan See Leng and the Republic of Korea (ROK) Minister for Trade Dukgeun Ahn also signed a Memorandum of Understanding on Implementing the Korea-Singapore Digital Economy Dialogue. (Photo from MTI)

SG, Korea ink partnership on digital trade

The agreement will deepen the countries’ cooperation in areas such as AI and e-payments.

Singapore and the Republic of Korea (ROK) have signed a partnership agreement to deepen their collaboration on digital trade.

Under the KoreaSingapore Digital Partnership Agreement (KSDPA), the two countries will establish forward-looking digital trade rules and norms to promote interoperability between digital systems.

The two counties will also cooperate on new emerging areas such as Personal Data Protection, E-payments, Artificial Intelligence and Source Code protection.

As part of the bilateral efforts to develop cooperative projects to implement the KSDPA, Singapore and ROK also signed a Memorandum of Understanding (MOU) on Implementing the Korea-Singapore Digital Economy Dialogue which is

“The Dialogue is intended to be a platform to promote digital economy collaboration between industry players and academic experts in Singapore and ROK,” the Ministry of Trade and Industry (MTI) said.

Also Read

Singapore ready to tap Philippine market potential

Export decline not tied to global demand, says expert

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit