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Ministry of Energy, Trade and Industry

Germany

Singapore and Germany share longstanding and substantive economic relations, underpinned by strong trade and investment flows, as well as extensive business links. We are connected through the EU-Singapore Free Trade Agreement (EUSFTA) and the European Union-Singapore Digital Trade Agreement (EUSDTA).

Last updated on 12 November 2026

Singapore-Germany Economic Relations

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DPM and Minister for Energy, Trade and Industry Gan Kim Yong met with German political leaders and business representatives in Berlin on 25 March 2026, as part of his visit to Germany to strengthen bilateral and economic ties.

Singapore and Germany share strong trade, services and investment linkages across multiple sectors. Germany is among Singapore’s top goods trading partner and services trading partner in the European Union (EU), while Singapore is Germany’s top trading partner in the Association of Southeast Asian Nations (ASEAN) and serves as a gateway for German companies expanding into Southeast Asia.

Our bilateral relations with Germany were elevated to a Strategic Partnership in November 2024, with cooperation spanning political and defence issues, trade and investment, climate, energy transition, research and innovation, and multilevel cooperation.

Bilateral Agreements involving Germany

Germany-Singapore Framework for Sustainability and Innovation (FSI)

Signed in November 2022, the FSI provides a structured framework for Government-to-Government (G2G), Government-to-Business (G2B) and Business-to-Business (B2B) economic engagement. The FSI establishes a platform between METI and the Federal Ministry of Economic Affairs and Energy (BMWE) for yearly exchanges, with involvement from economic agencies and the private sector as implementation partners for FSI initiatives.

European Union-Singapore Free Trade Agreement (EUSFTA)

The EUSFTA entered into force on 21 November 2019 and is the EU’s first trade agreement with an ASEAN Member State. The EUSFTA is a comprehensive FTA removing all tariffs on both sides and contains chapters on intellectual property, liberalising services and investment market access, public procurement, competition, reducing sanitary and phytosanitary (SPS) measures and non-tariff barriers, including on renewable energy generation.

More about this Agreement

European Union-Singapore Digital Trade Agreement (EUSDTA)

The EUSDTA was signed on 7 May 2025 and entered into force for Singapore and the EU on 1 February 2026. It builds on the longstanding and strong economic relations between Singapore and the EU, which are anchored by the EU-Singapore Free Trade Agreement (EUSFTA).

More about this Agreement

International Platforms involving Germany

ASEAN–Germany Sectoral Dialogue Partnership

Germany was conferred ASEAN Sectoral Dialogue Partner status in 2026, upgrading its Development Partnership with ASEAN established in 2016. Both sides cooperate across the three ASEAN Community pillars, spanning trade and investment, the digital economy, MSMEs, science, technology and innovation, cybersecurity, maritime cooperation, energy security and transition, climate and environmental protection, and education. Cooperation is guided by the ASEAN-Germany Practical Cooperation Areas (2023–2027), which sets out priority areas and activities for ASEAN-Germany cooperation.