Singapore activates largest bilateral digital pact with 27 EU States
Bilateral goods trade between the two partners surged past the $100b mark throughout 2025.
The European Union (EU)-Singapore Digital Trade Agreement (EUSDTA) entered into force on 1 February, setting rules for digital trade and cross-border data flows, the Ministry of Trade and Industry said.
The agreement establishes digital trade rules between Singapore and all 27 EU Member States, making it Singapore’s largest bilateral digital economy agreement to date, Trade Relations Minister Grace Fu said. She added that Singapore was “heartened by the swift entry into force” of the pact.
Bilateral goods trade between Singapore and the EU grew to over $100b in 2025, while services trade exceeded $110b in 2023, with more than half of services trade digitally delivered, the ministry said.
The ministry said the EUSDTA aims to provide greater legal certainty and clarity for digital transactions, promote interoperability between Singapore and the EU’s digital regimes, and strengthen consumer welfare and personal data protection.
It added that the agreement complements the EU-Singapore Free Trade Agreement (EUSFTA), with the EU currently Singapore’s fifth largest goods trading partner and second largest services trading partner.
The EUSDTA was signed on 7 May 2025 in Singapore by Fu and EU Commissioner for Trade and Economic Security Maroš Šefčovič, following negotiations launched in July 2023 and concluded in July 2024.