Our active participation in bilateral and multilateral engagements helps MOF to:
Strengthen relations with counterparts,
Create mutually beneficial partnerships, and
Shape the outcomes of international negotiations in line with MOF’s policies and goals.
MOF also works with agencies in the wider MOF family to advance and safeguard their international interests at these platforms.
ASEAN/ASEAN+3/APEC
As a member of ASEAN, ASEAN+3 and APEC, MOF works with regional partners to develop, shape and advance collaboration in the areas of international finance, tax reform, trade and investment facilitation, to support regional macroeconomic and financial stability, financial integration and economic prosperity.
G20
MOF participates in G20 Finance Track meetings to contribute to global commons issues that require international cooperation. These platforms also serve as useful opportunities for us to engage and exchange ideas with key partner countries.
Multilateral Development Banks (MDBs)
As a member of the Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB) and World Bank (WB), MOF supports the MDBs’ strategic directions for tackling global challenges and achieving the 2030 Sustainable Development Goals (SDGs). MOF also seeks to create sector-specific opportunities for Singaporeans and Singapore-based companies through partnerships with these MDBs. By supporting the establishment of the WB-Singapore Hub and the ADB Singapore Office, as well as enhancing collaborations with the AIIB, MOF strengthens Singapore’s position as a regional financial hub and deepens Singapore’s capabilities in project financing and structuring.