Ms He Ting Ru asked the Minister for Trade and Industry (a) what is the level of Singapore’s investments and trade that involved and utilised the Trans-Caspian International Trade Route (TITR) since 2022; and (b) whether there will be an expansion of investments for Singapore to better connect with the TITR.
Mr Gan Kim Yong: The Government does not specifically track Singapore’s investments and trade through the Trans-Caspian International Trade Route (TITR). Singapore had signed key trade agreements with TITR countries, such as the Turkey-Singapore Free Trade Agreement (TRSFTA) and Kazakhstan-Singapore Services and Investment Agreement. We will continue to support Singapore companies who have an interest in the region.
Ministry of Trade and Industry
8 May 2024
https://sprs.parl.gov.sg/search/#/sprs3topic?reportid=written-answer-16504
Office of the Leader of the Opposition 