Language
Now in Minsk   The weather in Belarus

Home Bilateral relations with Singapore

Bilateral relations with the Republic of Singapore

Diplomatic relations between the Republic of Belarus and the Republic of Singapore were established on August 12, 1992.

Ambassador of the Republic of Belarus to the Republic of Indonesia H.E. Mr. Valery Kolesnik is accredited as the non-resident Ambassador of Belarus to Singapore (credentials were presented to the President of Singapore on January 25, 2018). Singapore has no accredited ambassador to the Republic of Belarus.

In October 1996 the First Deputy Minister of Foreign Affairs of the Republic of Belarus paid a working visit to Singapore.

March 2–10, 2000 the Permanent Representative of Belarus to the United Nations visited Singapore.


May 14–19, 2000 the Deputy Prime Minister of the Republic of Belarus visited Singapore. Meetings with the Minister of Foreign Affairs and Law, the executives at the National Council for Science and Technology, Confederation of Industry, Trade Development Board of Singapore, the representatives of more than 40 Singapore companies took place. The Intergovernmental Agreement on Promotion and Reciprocal Protection of Investments was signed.


September 27, 2011 the Minister of Foreign Affairs of Belarus Mr. Sergei Martynov held a meeting with the Minister of Foreign Affairs and Law of Singapore Mr. K.Shanmugam in New York.


September 17, 2012 delegation of the Republic of Belarus attended the 33rd session of the General Assembly of the ASEAN Inter-Parliamentary Assembly (Lombok Island, Indonesia). The Deputy Chairman of the House of Representatives of the National Assembly of the Republic of Belarus Mr. Vladimir Guminsky met the Speaker of the Parliament of the Republic of Singapore Mr. Michael Palmer.


October 3–5, 2012 the Deputy Minister of Foreign Affairs of the Republic of Belarus Mr. Sergei Aleinik visited Singapore.


November 13–16, 2012 a delegation of the Republic of Belarus headed by the Deputy Minister of Taxes and Duties of the Republic of Belarus Mrs. Ella Selitskaya visited Singapore to conduct negotiations on the draft Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect of Taxes on Income. A workshop on the experience of the Republic of Singapore in the area of taxation was organized for the Belarusian delegation.


In November 2012 a delegation of the Ministry of Trade and Industry of the Republic of Singapore headed by the Deputy Director of the Emerging Markets Division of the Ministry of Trade and Industry took part in the Belarusian Investment Forum in Minsk. The Singapore delegation included the representatives of the International Enterprise Singapore. 


In February 2013 the National Assembly of the Republic of Belarus of 5th convocation set up a working group for cooperation with the Parliament of the Republic of Singapore. The working group was re-established in the National Assembly of 6th convocation in February 2017.


March 3–6, 2013 a delegation headed by the Deputy Minister of Economy of the Republic of Belarus Mr. Dmitry Golukhov visited Singapore. Meetings at the Ministry of Trade and Industry of Singapore, the International Enterprise Singapore, the Agency for the development of information and communication technologies, the sovereign investment fund Temasek Holdings, the Singapore Business Federation, the company Jurong International took place.


March 10–13, 2013 the First Deputy Minister of Finance of the Republic of Belarus Mr. Vladimir Amarin visited Singapore. Meetings at the Ministry of Finance and the International Enterprise Singapore were held, as well as the negotiations with the executives of the several branches of international banks in Singapore.


March 20–21, 2013 the President of the Republic of Belarus Mr.Aleksandr Lukashenko paid a state visit to the Republic of Singapore. The President met with the President of the Republic of Singapore Dr. Tony Tan Keng Yam and the Prime Minister of Singapore Mr. Lee Hsien Loong. The members of the state delegation met with their Singaporean counterparts. Belarus-Singapore Business Forum was held.


April 25–28, 2013 parliamentary delegation of the Republic of Singapore headed by the Speaker of the Parliament of the Republic of Singapore Mdm. Halimah Yacob visited the Republic of Belarus. Meetings of Mdm. Halimah Yacob with the President of the Republic of Belarus Mr. Aleksandr Lukashenko and the chairpersons of the both chambers of the National Assembly of the Republic of Belarus were held.


A delegation of the Ministry of Trade and Industry of the Republic of Singapore headed by the Director of the Emerging Markets Division visited Belarus in April 2014.


March 3–4, 2016 a delegation of the Ministry of Trade and Industry of Singapore headed by the Second Director of the Emerging Markets Division visited Belarus.


April 17–19, 2016 the Singaporean delegation headed by the Minister of State for Trade and Industry Dr. Koh Poh Koon visited Belarus.


April 22, 2016 the Minister of Foreign Affairs of the Republic of Belarus Mr. Vladimir Makei met with the Minister of Foreign Affairs of the Republic of Singapore Dr. Vivian Balakrishnan in New York.

November 13-14, 2017 a Belarusian delegation headed by Mr. Vasily Matyushevsky, First Deputy Prime Minister of the Republic of Belarus was on a working visit to Singapore. The delegation included top representatives of the Ministry of Finance, the National Bank of the Republic of Belarus, the National Agency of Investment and Privatization, the Administration of the China-Belarus Industrial Park Great Stone, Belinvestbank OJSC, as well as Belarusian businesspersons.

November 13, Vasily Matyushevsky together with Dr. Koh Poh Koon, Senior Minister of State, Ministry of Trade and Industry and Ministry of National Development of the Republic of Singapore solemnly opened the Belarusian Investment Forum «Belarus Calling Asia» aimed at developing cooperation of our country in financial and investment spheres with the Asian countries.


During the visit the meetings of the First Deputy Prime Minister of the Republic of Belarus Vasily Matyushevsky with Ms. Indranee Rajah, Senior Minister of State, Ministry of Finance and Ministry of Law of the Republic of Singapore, Mr. Tharman Shanmugaratnam, Deputy Prime Minister, Coordinating Minister for Economic and Social Policies of the Republic of Singapore, Dr. Koh Poh Koon, Senior Minister of State, Ministry of Trade and Industry and Ministry of National Development of the Republic of Singapore,  Dr. Mohamad Maliki bin Osman, Senior Minister of State at the Ministry of Defence and the Ministry of Foreign Affairs of the Republic of Singapore and Mr. Teo Chee Hean, acting Prime Minister, Deputy Prime Minister and Coordinating Minister for National Security of the Republic of the Republic of Singapore took place. The Belarusian delegation also visited the site for the development of innovative infrastructure for small and medium-sized businesses JTC LaunchPad@one-north and the Stock Exchange of Singapore. The topical issues of cooperation between Belarus and Singapore in the political, trade, economic, credit, investment, scientific and technical spheres as well as directions of the legal framework’s development were discussed.


Belarus and Singapore parliamentary delegations hold regular meetings during yearly sessions of ASEAN Inter-Parliamentary Assembly (2012 – in Indonesia, 2013 – in Brunei, 2014 – in Laos, 2015 – in Malaysia).

Following agreements have been signed between the Republic of Belarus and the Republic of Singapore:

- Agreement between the Government of the Republic of Belarus and the Government of the Republic of Singapore on the Promotion and Reciprocal Protection of Investments (May 15, 2000);

- Memorandum of Understanding on Cooperation between Belarusian State University of Informatics and Radioelectronics and Nanyang Technological University College of Engineering (October 28, 2010);

- Agreement between the Government of the Republic of Belarus and the Government of the Republic of Singapore for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes (March 22, 2013);

- Agreement between the Government of the Republic of Belarus and the Government of the Republic of Singapore on Mutual Waiver of Visa Requirements for Holders of Diplomatic and Official Passports (March 21, 2013);

- Memorandum of Understanding between the Belarusian Chamber of Commerce and Industry and the Singapore Business Federation (March 22, 2013);

- Memorandum of Understanding between the Belarusian Chamber of Commerce and Industry and the Singapore International Chamber of Commerce (March 22, 2013).

The draft agreements on civil aviation and on cooperation in the field of education are being negotiated.

 

Bilateral trade between the Republic of Belarus and the Republic of Singapore

 

                                                                                                                           (U.S. $ million)

 

Period

Trade turnover

Export from Belarus

Import to Belarus

Balance

2006

39,6

31,9

7,7

24,2

2007

37,1

15,5

21,6

-6,1

2008

41,0

27,0

14,0

13,0

2009

18,3

6,4

11,9

-5,5

2010

32,8

14,0

18,8

-4,8

2011

23,3

10,7

12,6

-1,9

2012

26,5

8,2

18,3

-10,1

2013

37,4

6,5

30,9

-24,4 

2014

27,8

3,7

24,1

-20,4

2015

31,0

14,1

16,9

-2,8

2016

36,8

18,3

18,5

-0,2

2017

37,6

19,4

18,2

1,2

 

Belarus exports to Singapore in 2017 was mainly formed by the supplies of lubricants (13.2 million US dollars), aluminium (3 million), copper (1.7 million), non-alloy steel wire (0.9 million).

The main imports to Belarus from Singapore were chemical products, computer equipment, electrical appliances, radio equipment, and medical equipment etc.

Four offices of major Belarus companies operate in Singapore: a regional office of Belarusian Potash Company since 2006, reregistered as a trading company SINBKK Pte Ltd in 2014, a trading house of JSC Belshina (Beltyre Asia) since 2009, a trading house of JSC BelAZ (BelAzia) since 2011, a trading house of JSC MTZ (Eastern Tractor Trading) since 2014.

Contacts between the Belarus Chamber of Commerce and Industry and the Singapore Business Federation and the International Chamber of Commerce in Singapore as well as between the banking and financial circles of the two countries are maintained. In May 2011 the delegation headed by the Deputy Chairman of the Belarusian Chamber of Commerce and the Director General of the Minsk office of BelCCI Mr. Alexandr Fedorchuk visited Singapore.

In 2017 direct investments from Singapore to Belarus amounted to 7,5 million USD, from Belarus to Singapore – 15,4 million.