New trade agreement with Singapore
The International Trade Secretary has signed a free trade agreement with Singapore, unlocking billions of pounds for British businesses and paving the way for a new era of trade with Asia.
- Since leaving the EU, the government has made securing modern and bespoke trade deals one of our top priorities. These deals will help us build back better and level up opportunities and prosperity in every part of the UK.
- Britain has now agreed a free trade agreement with Singapore, which will provide a gateway to Asia for UK businesses and lock in the benefits of our existing trading relationship, worth more than £17 billion last year. The International Trade Secretary will now travel to Vietnam to conclude another agreement.
- International trade will help us to overcome the challenges of coronavirus and drive economic growth across the whole United Kingdom.
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