The MOC is following a framework of cooperation concluded by both countries in August 2022.
Digital trade is among the fastest-growing trades and will surpass physical trade by 2025, he acknowledged.
Singapore’s Prime Minister Lee Hsien Loong had invited Anwar to visit Singapore after the latter was sworn in as Malaysia’s 10th Prime Minister. This will unlock a wider range of opportunities, benefiting businesses, workers, and communities in both countries. According to a WEF article, the Digital Economy Partnership Agreement between Chile, New Zealand and Singapore is the first digital-only trade agreement open to all World Trade Organisation members, and the first to be signed electronically in June 2020.
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