The British authorities has signed a partnership with Singapore to develop its financial system and improve shared safety, Downing Avenue stated on Friday, including it was the UK’s first treaty since leaving the European Union.
British Prime Minister Rishi Sunak will meet Singaporean counterpart Lee Hsien Loong on the G20 Summit in India to signal the partnership and work to conclude a bilateral funding treaty, Downing Avenue stated.
They stated the partnership will give Singaporean corporations extra confidence to spend money on Britain and vice-versa, whereas additionally creating jobs.
The British authorities added that the partnership will strengthen safety cooperation, science and expertise innovation, and analysis and improvement, together with countering cyber threats, by means of a partnership between Singapore’s Digital and Intelligence Service and Britain.
“This new settlement with Singapore will take us even additional in delivering our priorities and make sure that, as we map the way forward for the world financial system, we’re doing so alongside our closest companions,” Rishi Sunak stated.
The leaders are in New Delhi to attend the G20 summit this weekend. That is Sunak’s first official journey to India since taking workplace final October.
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