Singapore, Brunei to Work on Supply Chain Resilience
MT Newswires
Yesterday
Singapore and Brunei Darussalam signed a memorandum of understanding on supply chain resilience at a joint ministerial meeting, according to a statement from Singapore's Ministry of Trade and Industry.
The agreement aims to safeguard supply chains by maintaining open markets and ensuring the continued flow of essential goods between the two countries during crises. The MOU also provides greater clarity on the essential goods covered, the statement said.
The agreement grants PDS Abattoir exclusive rights to distribute selected products in Singapore and gives Pondok Abang exclusive rights to manufacture and distribute selected products in Brunei, according to the statement.
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