Most European businesses here will welcome EU-Singapore digital trade pact: Survey – The Straits Times

October 19, 2023

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SINGAPORE – An overwhelming majority of European companies operating in Singapore and across the ASEAN region would welcome a digital trade agreement (DTA) between the European Union and the Republic, a survey has found.

Most of the 96 per cent of respondents who would welcome the DTA believed that paperless trading and e-payment systems would be the most important potential benefits of the pact.

The agreement is currently being negotiated between Singapore and the 27-member bloc.

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