The impression of the 3rd Russia-Singapore Business Dialogue held on April 17, 2018 in Singapore shared by Dr Koh Poh Koon, Senior Minister of the Republic of Singapore for Trade and Industry & National Development:
Did you know that this year marks the 50th anniversary of the establishment of diplomatic relations between Singapore and Russia? Earlier this week, I attended the Russia-Singapore Business Dialogue and met several Singapore and Russian businesses keen on exchanging ideas and forging partnerships to explore opportunities together. Russia is a large market with a sophisticated and increasingly diversified economy, and we encourage Singapore companies who are interested to explore Russia and the larger Eurasian Economic Union (EAEU), to approach Enterprise Singapore for support.
We are currently in the process of negotiating a comprehensive Free Trade Agreement (FTA) with the EAEU, of which Russia is a member. When in force, this FTA will strengthen our economic ties and bring benefits to the business communities on both side. We look forward to good progress in the negotiations!
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