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Trade & Economy·Diplomacy

Singapore and Australia conclude deal to secure essential supplies and boost economic resilience

Saturday, 18 April 2026, 04:09 · 1 min read

Singapore and Australia have substantially concluded negotiations on a new protocol to their existing free trade agreement, aimed at securing the flow of essential supplies — including diesel and liquefied natural gas — between the two countries. The Protocol on Economic Resilience and Essential Supplies formalises commitments made by Prime Ministers Lawrence Wong and Anthony Albanese on April 10, and commits both nations to avoiding export bans or restrictions on critical goods while working to minimise supply chain disruptions. The agreement, announced jointly by four ministers including Singapore's Foreign Affairs Minister Vivian Balakrishnan and Australia's Trade Minister Don Farrell, will take effect once both countries complete their domestic ratification processes.

Sources
Channel NewsAsiaSingapore, Australia have 'substantially concluded' negotiations on economic resilience, essential supplies agreement: Ministers ↗︎
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