U.K. and Singapore Start Talks to Cut Digital Trade Barriers
- U.K., Singapore rolled over EU trade agreement in December
- Singapore is Britain’s 21st-largest trading partner globally
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The U.K. and Singapore have started negotiations on cutting barriers to digital trade, seeking to go further than the rollover free-trade agreement they struck when Britain left the European Union.
The two sides want to make it easier for companies to trade by using technology such as e-contracts and e-signatures, the U.K.’s Department for International Trade said in a statement. Singapore is Britain’s 21st-largest trading partner globally, accounting for 1.2% of total U.K. trade.