Aust, Singapore agree to keep markets open

Prime Minister Scott Morrison and his Singaporean counterpart have stressed the importance of keeping global supply chains open during the coronavirus pandemic.

Singapore Prime Minister Lee Hsien Loong and Mr Morrison met online on Monday to discuss their countries' response to the disease, bilateral agreements and military training.

The prime ministers reaffirmed the importance of keeping markets open and supply chains functioning to support the delivery of supplies essential for dealing with the virus.

A military training treaty was signed to deepen defence co-operation between the two nations

There was a digital economy agreement designed for the two nations to work together on electronic invoicing and paying online.

The agreement will also promote data flows and address artificial intelligence.

A deal was also reached on cyber security.

The prime ministers committed to a memorandum of understanding in 2020 to drive co-operation on low-emissions solutions, including new and emerging low-emissions technologies.

Australia and Singapore will work together on developing hydrogen markets, supply chains and standards; carbon capture, utilisation and storage; and the renewable electricity trade.