The British government has signed a partnership with Singapore to develop its economy and strengthen common security, Downing Street announced on Friday, adding that it was the United Kingdom’s first treaty since leaving the European Union.
British Prime Minister Rishi Sunak will meet his Singaporean counterpart Lee Hsien Loong at the G20 summit in India to sign the partnership and work towards the conclusion of a bilateral investment treaty, Downing Street said.
They said the partnership would give Singaporean businesses more confidence to invest in Britain and vice versa, while also creating jobs.
The UK government added that the partnership would strengthen security cooperation, scientific and technological innovation, and research and development, including tackling cyber threats, through a partnership between the Digital and Intelligence Service of Singapore and Great Britain.
“This new agreement with Singapore will take us even further in achieving our priorities and ensure that as we plan for the future of the global economy, we do so alongside our closest partners,” Rishi said Sunak.
The leaders are in New Delhi to attend the G20 summit this weekend. This is Sunak’s first official trip to India since taking office last October.
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