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S’pore, UK sign MOUs on digital trade and identities as well as cyber security

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Singapore and the United Kingdom will work more closely to facilitate digital trade between the countries, as part of a partnership that will make digital transactions by businesses easier, safer and cheaper.The partnership was deepened by the inking of three memorandums of understanding (MOUs) by the two countries on Monday.

The MOUs will strengthen the digital connectivity between them, said Singapore’s Ministry of Communications and Information and the UK’s Department for Digital, Culture, Media and Sport in a joint statement. The MOUs will also support the shared goals and key tenets of the UK-Singapore Digital Economy Agreement, which seeks to promote trusted, robust and connected digital markets for people and businesses.

The third MOU will enhance existing cooperation between both countries in cyber security. It will also build on existing efforts by the nations to develop a secure and resilient cyberspace for businesses and consumers.

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