The UK and Singapore will begin talks on Monday on a new digital trade deal that could remove barriers. which is part of London's push to become what is known as "Global technology powerhouse" after Brexit
since the completion of leaving the slot European Union at the end of last year. The UK has stepped up its work on new trade deals. especially with different countries in the Indo-Pacific region by the latest agreement signed with Australia
The government sees digital commerce as key to supporting British tech firms in taking advantage of overseas investment opportunities in an effort to help recover after COVID-19.The government said any agreement with Singapore could remove barriers to digital trade and allow British exporters to expand into high-tech markets. The conversation will begin in the video call.
British Trade Minister Liz Truss said: “This state-of-the-art agreement with Singapore will put us at the forefront of the technological revolution. This will ensure that we will be a leader in digital commerce and industries such as fintech and cybersecurity.