Singapore Minister Mr Lim Hng Kiang said: “The Investment Guarantee Agreement was a direct and significant outcome of the state visit by His Excellency President Santos to Singapore in May 2012.
This bilateral investment agreement will provide a legal framework to give greater confidence to investors from both sides, thus promoting even greater investment flows between our countries.
It also reaffirms the friendship between our countries and our commitment to mutual collaboration.
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Having surpassed two decades since the signing of the agreement, bilateral trade concluded 2025 with a total exchange of USD 6.801 billion.
Exports increased by 9.5% in 2024 compared to 2023, driven by agri-food and processed food products.
The Center for China and Asia-Pacific Studies at the Universidad del Pacífico and the Boston University Global Development Policy Center have released a series of 12 working papers analyzing China’s role in Latin America’s energy transition and its economic, social, and environmental implications.
