News

Staff Reporter

, Singapore

Published:

10 months ago

216 views

Singapore’s Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong and Ministers from the participating countries at the Future of Investment and Trade (FIT) Partnership virtual Ministerial Meeting on 16 September 2025.

SG joins 13 countries in launch of Future of Investment and Trade Partnership

It will host the first ministerial meeting in November 2025.

Singapore has joined 13 other nations in launching the Future of Investment and Trade (FIT) Partnership, a new initiative to promote open and fair trade amidst growing global economic headwinds.

The partnership was announced at a virtual Ministerial Meeting attended by Brunei, Chile, Costa Rica, Iceland, Liechtenstein, Morocco, New Zealand, Norway, Panama, Rwanda, Switzerland, the United Arab Emirates (UAE), and Uruguay.

WTO Director-General Dr. Ngozi Okonjo-Iweala took part in the launch, whilst Singapore was represented by Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong.

In a joint declaration, ministers outlined the partnership’s objectives, principles, and priorities.

The FIT Partnership will act as an informal platform to foster cooperation and develop initiatives in three areas: supply chain resilience, investment facilitation, and non-tariff barriers and trade facilitation. Trade technology will also serve as a cross-cutting enabler.

The initiative comes as rising protectionism and supply chain disruptions continue to strain the rules-based multilateral trading system — a concern for smaller, trade-dependent economies like Singapore.

Singapore will host the first FIT Partnership Ministerial Meeting on the sidelines of the Bloomberg New Economy Forum from 19-21 November 2025, where ministers are expected to endorse concrete initiatives.

A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia