Story perspectives

Singapore Commits to Multilateral Trade and Digital Growth

11/13/2025

27 3

Summary

Story summary

Singapore's Deputy Prime Minister Gan Kim Yong reaffirmed the country's commitment to a multilateral trading system at the Singapore Fintech Festival on November 12, 2025.
He stressed the importance of cooperation between ASEAN and major economic blocs, including the EU and CPTPP, to develop a digital economy agreement.
Gan acknowledged existing challenges but emphasized Singapore's goal to strengthen ties with like-minded economies and adapt to global changes.
He called for reforms within the World Trade Organisation to ensure its relevance in global trade.
Gan highlighted that Singapore's focus on financial services and workforce development is essential for its economic strategy.

1 of 1

Story summary

Singapore's Deputy Prime Minister Gan Kim Yong reaffirmed the country's commitment to a multilateral trading system at the Singapore Fintech Festival on November 12, 2025.
He stressed the importance of cooperation between ASEAN and major economic blocs, including the EU and CPTPP, to develop a digital economy agreement.
Gan acknowledged existing challenges but emphasized Singapore's goal to strengthen ties with like-minded economies and adapt to global changes.
He called for reforms within the World Trade Organisation to ensure its relevance in global trade.
Gan highlighted that Singapore's focus on financial services and workforce development is essential for its economic strategy.