S'pore eye Latin America for trade

S'pore eye Latin America for trade

SINGAPORE: Export-reliant Singapore is looking to expand trade ties with Latin America, with a high-powered business mission starting on Thursday, the government said.

The Singapore delegation will visit Chile, Argentina and Brazil during the week-long 18-25 trip, the government trade body International Enterprise Singapore (IE Singapore) said.

The trip comes on the heels of Singapore's efforts to cultivate trade and business ties with the Middle East.

Describing Latin America as a "largely untapped market" for most Singaporean firms, IE Singapore said the trade mission aims to assist local companies in exploring opportunities in the region.

It also aims to make Singapore a gateway for Latin American companies wanting to expand into Asia. -- AFP