IMDA does this through collaborating with other countries on joint initiatives and entering into Free Trade Agreements and Mutual Recognition Arrangements to facilitate cross-border digital trade opportunities and minimise barriers to trade.
Free Trade Agreements (FTAs)
FTA is an agreement between two or more countries to facilitate the export of Singapore ICM goods, services, and investments into overseas markets. In doing so, Singapore companies can internationalise and compete at a level playing field. A list of existing FTA Partners can be found at Enterprise Singapore's website.
Mutual Recognition Arrangements (MRAs)
MRA is an agreement between two countries that stipulates the mutual recognition of conformity assessment procedures. It encourages the elimination of the need for re-testing and re-certification, thereby shortening the time-to-market and reducing the cost for manufacturers and exporters of telecommunications equipment. Consumers will also benefit from lower costs and faster delivery time. Read more.