As part of London Tech Week, the UK-Singapore Digital deal has come into force to deepen ties between the UK and Asia.
In Brief:
London Tech Week has welcomed the largest ever trade delegation from Asia Pacific.
This includes over 350 attendees who will explore the benefits of expanding into the UK market.
The deal will enable the UK to offer businesses greater access to Singapore’s digital markets.
What does this mean?
The deal aims to “cut red tape” for UK goods exporters into Singapore, including using e-signatures and e-contracts to boost efficiency. A key priority is data flows enabling businesses to trade more efficiently.
