Malaysia and Singapore ink cooperation agreements, including agreement on electric vehicle standards, cooperation on charging points

Malaysia and Singapore have signed three agreements, including two cooperation frameworks on digital economy and green economy. Agreements were signed today between the Ministry of International Trade and Industry (MITI) and Singapore’s Ministry of Trade and Industry (MTI).

Singapore Prime Minister Lee Hsien Loong and Prime Minister Datuk Seri Anwar Ibrahim, who was on a one-day official visit to Singapore, witnessed the signing of these agreements. strait of time report.

Collaboration in the green economy will explore collaboration on electric vehicle and autonomous vehicle standards as well as the deployment of charging points for electric vehicles for cross-border use.

Both countries will also jointly review the development of new and renewable energy-related technology standards and explore projects in low-carbon solutions. According to MTI, the green economic framework agreement is the first green economic agreement Malaysia has signed with any country.

For the digital economy, the cooperation framework covers areas such as trade facilitation, cross-border data flows and electronic payments. Besides the two framework agreements, the two countries also signed a memorandum of understanding (MOU) allowing them to cooperate on issues such as protection of personal data as well as cybersecurity.