Singapore, Shanghai Firms Ink Deals To Boost Trade Flow



In a major move towards cementing business ties between Singapore and Shanghai, nine memoranda of understandings (MOUs) were signed yesterday between financial institutions and corporates from the two cities.

The alliances, aimed at strengthening cross-border collaboration between the two financial centres, were signed and sealed at the third Singapore-Shanghai Financial Forum (SSFF) organised by the Monetary Authority of Singapore (MAS) along with the Shanghai Financial Services Office.

The initiatives are in line with increased focus on the strong trade and investment flows between China and Singapore.


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