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Singapore and Australia have signed a new memorandum of understanding reaffirming their commitment to facilitate AI adoption among their citizens and businesses, and promote responsible AI development and development on 16 December 2024.
The China-Singapore Free Trade Agreement (“CSFTA”) Further Upgrade Protocol came into effect on 31 December 2024 and will benefit Singapore businesses and investors by enhancing market access to China while also clarifying rules for investments, services as well as telecommunications. This update takes a closer look at the details of the agreement.