UK and Singapore working for deeper financial and economic cooperation

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It has been announced that "the UK and Singapore have agreed to set up a UK-Singapore Financial Dialogue, which will focus on deepening financial and economic cooperation between the two countries."

Singapore is already the UK's largest trading partner in South-East Asia and it's great to see efforts are being made to keep building this relationship. Financial services make up around 10% of the GDPs of both countries and they are ranked as the first and fourth leading Global Financial Centres.

Hopefully this new forum will lead to even stronger ties between the two countries.