DIGITAL - EU and Singapore Digital Trade Agreement

On 25 July 2024, the EU and Singapore finalised their first Digital Trade Agreement (DTA) negotiations, aiming to streamline digital trade by fostering cross-border data flows and regulatory cooperation. There is a focus on eInvoicing; both the EU and Singapore are committed to supporting cross-border interoperability of eInvoicing standards.

date: 13/11/2024

This will reduce the need for paper forms in imports, exports, and goods transit, making trade more efficient. The political conclusion marks the end of negotiations for the EU-Singapore Digital Trade Agreement. The EU and Singapore will now follow their respective procedures to work towards a formal signature and conclusion.

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