Singapore and the Republic of Korea launch negotiations on digital partnership agreement

Singapore and the Republic of Korea have initiated negotiations on a new Korea-Singapore Digital Partnership Agreement (KSDPA) to promote access, connectivity, and opportunities between individuals and businesses. The agreement aims to reinforce bilateral cooperation in new emerging digital areas, such as personal data protection and cross-border data flows, digital identities, fintech, and artificial intelligence (AI) governance frameworks. It also seeks to uphold collaboration between Singaporean and Korean’s small and medium enterprises (SME) in the digital economy era.

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