Government inks deal with New Zealand to boost food, trade innovation

The deals seek to boost bilateral trade and develop sustainable food innovations.

Singapore and New Zealand signed two partnerships to speed up innovations in technology and sustainable food as the two nations renewed their commitment to bilateral trade and investment.

One of the agreements signed was Enhanced Partnership for Growth Arrangement between New Zealand Trade and Enterprise and Enterprise Singapore, which seeks to advance collaboration between both countries, pushing business leaders to share expertise and knowledge to develop networks in both markets.

Another agreement signed was a collaboration between the Singapore Institute of Technology and Foodbowl, a New Zealand government-backed food innovation network, to work on sustainable food innovations.

New Zealand Trade Commissioner to Singapore Maggie Christie said both agreements will promote the strategic importance of Singapore and New Zealand’s business networks.

“It’s been wonderful for New Zealand and Singapore companies to be able to reconnect in person and reaffirm our partnerships over the course of the mission. We are both small island nations that are focused on sustainability, food security and future-proofing our trade, and both countries have incredibly passionate and talented people who are working together to make that happen,” Christie said in a statement.