Singapore's bilateral investment treaty with Indonesia enters into force

Trade and Industry Minister Chan Chun Sing said the treaty will offer greater protection for Singapore investors venturing into the Indonesian market. - MCI

SINGAPORE (The Straits Times/ANN): A bilateral investment treaty between Singapore and Indonesia has come into force after being ratified in a virtual meeting on Tuesday (March 9).

The treaty establishes rules on the treatment of investors and investments from both countries. It will also grant investors from both countries additional protection on their investments.