Brexit may have limited impact on Singapore: Analysts

Singapore is working on a trade deal to bring the provisions of the European Union-Singapore Free Trade Agreement to the United Kingdom, independent of Brexit outcomes.
Singapore is working on a trade deal to bring the provisions of the European Union-Singapore Free Trade Agreement to the United Kingdom, independent of Brexit outcomes.PHOTO: ST FILE

Singapore could emerge relatively unhurt from Brexit, said analysts, even as Britain's departure from the European Union remains mired in uncertainty after a chaotic parliamentary session last week.

A big reason is the Republic's limited exposure in trade and investment, and it also helps that the city state is already working on a trade deal to bring the provisions of the EU-Singapore Free Trade Agreement to Britain.

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A version of this article appeared in the print edition of The Straits Times on September 16, 2019, with the headline 'Brexit may have limited impact on S'pore: Analysts'. Subscribe