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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 Mr. Vladimir N. Lopato-Zagorsky is accredited as the non-resident Ambassador of Belarus to Singapore (credentials were presented to the President of Singapore on May 31, 2012).
 
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 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 F.Chong  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.

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 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

         31,1

            14,2

           16,9

  -2,67

2016

         36,7

            18,29

          18,47

 -0,18

2016 / 2015, % 118,1 128,5 109,3  

   
Belarus export to Singapore in 2016 was mainly formed by the supplies of lubricants (10.9 million US dollars), copper (4.2 million USD), aluminum (1.5 million USD), non-alloy steel wire (0.46 million dollars).
 
The main imports to Belarus from Singapore were chemical products, computer equipment, electrical appliances, radio equipment, medical equipment.

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 are maintained between the Belarus Chamber of Commerce and Industry and the Singapore Business Federation and the International Chamber of Commerce in Singapore (in May 2011 a 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) as well as between the banking and financial circles of the two countries.
 
Contacts are established with the Singapore government sovereign fund Temasek Holdings.
 
In 2016 Singapore direct investments in the economy of Belarus amounted to 9,5 million USD.

As per January 1, 2016 three ventures with Singapore capital were registered in Belarus.