Myanmar
Singapore and Myanmar have longstanding economic relations, having celebrated the 50th anniversary of the establishment of diplomatic relations in 2016. Both countries are parties to ASEAN economic agreements and the Regional Comprehensive Economic Partnership (RCEP).
Last updated on 12 November 2026
Singapore-Myanmar Economic Relations
Myanmar is a member of ASEAN, the Asia-Pacific Economic Cooperation (APEC) and the World Trade Organization (WTO).
Plurilateral Agreements involving Myanmar
ASEAN Economic Agreements
Singapore and Myanmar cooperate through a range of ASEAN economic agreements. These agreements support trade, investment, services, connectivity, and economic integration across the region.
Regional Comprehensive Economic Partnership (RCEP)
The Regional Comprehensive Economic Partnership (RCEP) is the world’s largest FTA, comprising about 30% of global GDP and about a third of the world’s population. It broadens and deepens Singapore’s economic connectivity with the region, opens up opportunities and provides businesses with more coherent access to the region.
International Platforms involving Myanmar
Association of Southeast Asian Nations (ASEAN)
The Association of Southeast Asian Nations (ASEAN) consists of 11 member states following the official admission of Timor-Leste. The members are Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, Viet Nam, and Timor-Leste. These nations work together to promote economic growth, social progress, and regional stability in Southeast Asia.
Asia Pacific Economic Cooperation (APEC)
The Asia-Pacific Economic Cooperation (APEC) forum comprises 21 Asia-Pacific economies. It was established in 1989 in response to the growing interdependence among Asia-Pacific economies and the advent of regional trade blocs in other parts of the world. Its primary purpose is to promote economic growth and prosperity in the Asia-Pacific region. Singapore was a founding member alongside 11 other economies.
Indo-Pacific Economic Framework for Prosperity (IPEF)
The Indo-Pacific Economic Framework for Prosperity (IPEF) provides a platform for countries in the region to collaborate on advancing resilient, sustainable, and inclusive economic growth, and aims to contribute to cooperation, stability, and prosperity in the region.