Singapore, US ink agreement on trade financing and investment cooperation

The agreement comes after Singapore last week signed a free trade agreement with the United Kingdom.- ST FILE

SINGAPORE (The Straits Times/ANN): Singapore has signed a memorandum of understanding (MOU) with the United States to deepen economic cooperation and extend trade financing and investment support to their respective companies.

The MOU aims to improve the availability of and access to trade financing options for companies from both countries, said the Ministry of Trade and Industry (MTI) in a press release on Wednesday morning (Dec 16).