Negotiations began in March on the UK-Singapore Bilateral Investment Treaty. Read more at straitstimes.com.
SINGAPORE – Singapore and the United Kingdom are making progress towards concluding a new agreement to protect investors and facilitate investment flows between the two countries.
Mr Gan also noted that progress is being made on the pacts the two countries had made in recent years. Singapore, in turn, is the UK’s third-largest Asian investor, with about $65 billion worth of investment stock there. And a recently conducted consultation to seek industry feedback on possible Green Economy Framework initiatives saw active participation by Singapore and British companies.
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