Singapore’s conduit to overseas opportunities

Singapore’s government agencies and organisations involved in promoting commercial and business activities have made connections with their counterparts in other jurisdictions and are coming up with practical initiatives.

With expected headwinds in the world economy, trade federations such as the Singapore Manufacturing Federation (SMF) have made significant inroads into the European market by establishing the Enterprise Europe Network (EEN) Singapore last year.

The EEN is a co-operative network spanning 64 countries, 600 organisations and several million enterprises. It was set up under the European Commission’s Agency for Small and Medium Industries to promote two-way business between the EU and the rest of the world. The EEN Singapore was formed as a Consortium by the SMF as the lead manager and secretariat with International Enterprise Singapore (IE Singapore) and Intellectual Property Intermediary (IPI) Singapore, both of which are under Singapore’s Ministry of Trade and Industry.

RONNIE TAN is managing director of Central Chambers Law Corporation.
SARA LIEW, equity director at the practice, also contributed to this article