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Digital economy pacts pave way for Singapore to keep pace with trends on global stage, spur job creation
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Another benefit comes in the form of hiring more people to support expansion as more Singapore companies tap business opportunities.
PHOTO: ST FILE
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SINGAPORE - 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 Agreements (Depa) with New Zealand and Chile, and the Singapore-Australia Digital Economy Agreement (Sadea).
