Singapore and New Zealand Sign Essential Supply Trade Pact

Singapore and New Zealand signed a deal Monday to strengthen supply chain resilience and safeguard the flow of critical goods such as food and energy, as both countries seek to shield their trade-dependent economies against disruptions from the war in Iran.

The pact, described by Singapore Prime Minister Lawrence Wong as the first of its kind, was announced during his New Zealand counterpart Christopher Luxon’s visit to the city-state. It includes a commitment not to restrict exports to each other of essentials including food, fuel, healthcare, chemical and construction products.