#Latest news with #crossborderdataCNA07-05-2025BusinessCNASingapore and European Union sign agreement to deepen digital tradeA new Singapore and European Union (EU) agreement will pave the way for paperless electronic trade, among other things. It will also facilitate a legal framework on cross-border data flow. These will deepen digital trade with more clarity and legal certainty for businesses and consumers. Ang Yuit, President of the Association of Small and Medium Enterprises, gives us a snapshot of Singapore's current digital trade footprint. He also talks about how an agreement with a bloc like the EU can promote more access to opportunities in the digital economy for SMEs.
CNA07-05-2025BusinessCNASingapore and European Union sign agreement to deepen digital tradeA new Singapore and European Union (EU) agreement will pave the way for paperless electronic trade, among other things. It will also facilitate a legal framework on cross-border data flow. These will deepen digital trade with more clarity and legal certainty for businesses and consumers. Ang Yuit, President of the Association of Small and Medium Enterprises, gives us a snapshot of Singapore's current digital trade footprint. He also talks about how an agreement with a bloc like the EU can promote more access to opportunities in the digital economy for SMEs.