The European Union (EU) and Singapore have reaffirmed their commitment to data protection and cross-border collaboration. A key outcome of this collaboration is the Joint Guide to the ASEAN Model Contractual Clauses and EU Standard Contractual Clauses. This guide supports businesses, especially micro, small, and medium enterprises, in complying with data protection regulations. It also fosters participation in the digital economy.
The EU and Singapore aim to deepen their cooperation through knowledge exchange and best practices, focusing on enhancing data protection, enabling trusted data flows, and exploring privacy-enhancing technologies. They also prioritize advancing the protection of children in digital spaces and fostering dialogue among regional data protection networks. Regulatory alignment is crucial to facilitate smoother data flows between the EU and Singapore.