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2025 Vol.2 - EU and Singapore Sign Digital Trade Agreement

AHK Aktuell
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EU and Singapore Sign Digital Trade Agreement

On 7 May 2025, Singapore and the European Union signed the EU-Singapore Digital Trade Agreement (EUSDTA), aimed at enhancing clarity and legal certainty for con-sumers and businesses and enabling more seamless online transactions. This deal is the first EU agreement of its kind and while the EUSDTA is a self-standing agreement, it will complement the 2019 EU-Singapore Free Trade Agreement (EUSFTA). Notably, negotiations were completed in just over a year, having commenced on 20 July 2023 and concluded on 25 July 2024.

 

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