It also aims to support and foster greater collaboration between both countries’ small and medium enterprise (SME) communities in the digital economy.
SINGAPORE (June 22): Minister for Trade and Industry Chan Chun Sing and the Republic of Korea’s Minister for Trade Yoo Myung Hee have announced the launch of negotiations on a new Korea-Singapore Digital Partnership Agreement (KSDPA) on Monday.
The agreement seeks to further bilateral cooperation in new emerging digital areas, such as in personal data protection and cross-border data flows, digital identities, fintech, as well as Artificial Intelligence governance frameworks.

