© Reuters. FILE PHOTO: British Prime Minister Rishi Sunak walks at Downing Street in London, Britain September 6, 2023. REUTERS/Susannah Ireland/File Photo
(Reuters) – The British authorities has signed a partnership with Singapore to develop its financial system and improve shared security, Downing Street mentioned on Friday, including it was the UK’s first treaty since leaving the European Union.
British Prime Minister Rishi Sunak will meet Singaporean counterpart Lee Hsien Loong on the G20 Summit in India to signal the partnership and work to conclude a bilateral funding treaty, Downing Street mentioned.
They mentioned the partnership will give Singaporean corporations extra confidence to put money into Britain and vice-versa, whereas additionally creating jobs.
The British authorities added that the partnership will strengthen security cooperation, science and know-how innovation, and analysis and growth, together with countering cyber threats, by way of a partnership between Singapore’s Digital and Intelligence Service and Britain.
“This new agreement with Singapore will take us even further in delivering our priorities and ensure that, as we map the future of the world economy, we are doing so alongside our closest partners,” Rishi Sunak mentioned.
The leaders are in New Delhi to attend the G20 summit this weekend. This is Sunak’s first official journey to India since taking workplace final October.
