EU and Singapore Have Finalised Landmark Digital Trade Agreement

European Commision (“EU”) have finalised a landmark Digital Trade Agreement (“DTA”) with Singapore.

This is the first EU agreement of its kind; it complements the 2019 EU-Singapore Free Trade Agreement, strengthening economic ties and offering key advantages for businesses and consumers engaged in digital trade.

Key benefits of the DTA:

• Facilitates digitally-enabled trade in goods and services.
• Ensures cross-border data flows free of unjustified barriers.
• Enhances trust in digital trade, including robust rules against spam.

This deal reinforces EU's ambition in Europe to set global standards for digital trade and cross-border data flows.

You can access more details about the finalising process here.

Kind regards,

Zumbul Attorneys-at Law

info@zumbul.av.tr