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Economy

Staff Reporter

, Singapore

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3 minutes ago

Singapore Minister for Trade and Industry (Energy and Industry) Dr Tan See Leng and Australia Minister for Trade and Tourism Don Farrell.

Singapore signs essential trade agreement with Australia

This includes petroleum oils such as diesel and liquefied natural gas.

Singapore and Australia signed an agreement not to adopt or maintain export restrictions on agreed essential items, including petroleum oils such as diesel and liquefied natural gas.

According to the government, the protocol establishes means for advance notification and consultation, as well as the review and withdrawal of measures. The Protocol also establishes the Australia-Singapore Economic Resilience Dialogue to facilitate cooperation on economic resilience and trade in essential supplies.

The Protocol will enter into force upon the completion of domestic procedures on both sides

Singapore Minister for Trade and Industry (Energy and Industry) Dr Tan See Leng and Australia Minister for Trade and Tourism Don Farrell signed the Protocol to the Singapore-Australia Free Trade Agreement on Economic Resilience and Essential Supplies on 27 July 2026 at the 15th Singapore-Australia Joint Ministerial Committee (SAJMC) meeting in Adelaide, Australia.

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