Fu Haiyan led a business delegation to visit three South American countries to explore cooperation in promoting carbon credits and agricultural grain trade.

Minister for Trade Relations and Sustainability, Foo Hey Yen, will lead a Singaporean trade delegation on a 10-day visit to South America starting Monday (April 13) to explore opportunities for enhanced cooperation with Peru, Paraguay, and Chile in areas such as carbon credits and agri-food trade. The Ministry of Trade and Industry and the Ministry of Sustainability issued a joint statement on Monday, saying that Singapore and South America share many common interests in areas such as climate change, sustainable development, and agri-food trade. During this visit to South America, Foo Hey Yen will meet with local officials to explore opportunities for strengthening economic ties between Singapore and the respective countries, promoting trade and investment flows, and creating opportunities for businesses to leverage the complementary strengths of Southeast Asia and South America to better develop business opportunities. The statement said that the purpose of the Singaporean carbon ...