Singapore, Australia to accelerate negotiations on trade in essential supplies amid energy supply disruptions
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Singapore and Australia will accelerate negotiations for an Arrangement on Trade and Essential Supplies under a Memorandum of Understanding (MOU) on economic resilience.This was inked when the two countries upgraded their comprehensive strategic partnership iSingapore, Australia to accelerate negotiations on trade in essential supplies amid energy supply disruptions
Singapore and Australia will accelerate negotiations for an Arrangement on Trade and Essential Supplies under a Memorandum of Understanding (MOU) on economic resilience.This was inked when the two countries upgraded their comprehensive strategic partnership in October 2025.In a joint statement on energy security by Prime Minister Lawrence Wong and Australia Prime Minister Anthony Albanese following a phone call on Monday (March 23), the two leaders reaffirmed that the countries' prosperity, security, stability and economic future are intertwined, including with the region.«We share a longstanding and deep relationship grounded in strategic trust, open markets and rules-based trade which underpin the prosperity and security of our people and our region. Reaffirming these shared principles is essential at this time,» they said.














