, Singapore
123 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.
 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.