<-- Back to proposed bills
UK-Singapore Investment Treaty Negotiations
12 June 2025
Type
Written Ministerial Statement
Department
Department for Business and Trade
At a Glance
Issue Summary
The UK government is ending negotiations on a bilateral investment treaty (BIT) with Singapore.
Action Requested
Negotiations will be discontinued as British investors in Singapore are now covered by the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The government plans to focus on promoting investment, boosting economic growth, and enhancing digital trade cooperation through existing agreements like the DEA and CPTPP.
Key Facts
- Negotiations launched in March 2023.
- UK joined CPTPP in December 2024.
- UK-Singapore investment stocks: £15.7 billion for UK investments in Singapore, £19.3 billion for Singapore investments in the UK.
- Seven Memoranda of Understanding signed alongside the DEA.
- Trade digitalisation pilots reduced trade processing time by 40%, paperwork by 89%, and improved staff productivity by 67%.
▸
Assessment & feedback
Summary accuracy