Level of Singapore's Investments and Trade Utilising Trans-Caspian International Trade Route

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 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 (S&I) Agreement. We will continue to support Singapore companies who have an interest in the region.