Singapore's digital economy deals set to boost trade, hiring

Rules on issues like e-payments a response to intertwining digital, conventional economies

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Amid a drive for digitalisation that is already changing cities and economies, Singapore initiated discussions with like-minded trade partners to develop basic rules for digital trade and a framework for collaboration in the digital era.

Formal negotiations culminated this year in two pacts - the Digital Economy Partnership Agreement (Depa) with New Zealand and Chile, and the Singapore-Australia Digital Economy Agreement (Sadea).

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A version of this article appeared in the print edition of The Straits Times on October 21, 2020, with the headline Singapore's digital economy deals set to boost trade, hiring. Subscribe