Dodoma, 31 August 2022 (TDI): Foreign Minister of Tanzania, Ambassador Liberata Mulamula called on the non-resident High Commissioner of Singapore to Tanzania Douglas Foo on 30 August.
Both officials discussed enhancing cooperation in various fields. They agreed to strengthen bilateral ties in trade, port development, tourism, agriculture, investment, culture, education, air transport & ICT.
Minister for @mfa_tanzania @Amb_Mulamula held talk with non- resident High Commissioner of Singapore to Tanzania H.E Douglas Foo in Dodoma.They agreed to strengthen bilateral ties in trade, port development, tourism, agriculture, investment, culture, education, air transport&ICT pic.twitter.com/yYNPNjnMt2
— MFA Tanzania (@mfa_tanzania) August 30, 2022
Bilateral Trade relations
Secondly, it consisted of a project for energy development between Singapore’s private equity holding group, Intarsia Capital Pte Ltd, and the National Development Corporation of Tanzania (NDC).
Lastly, a framework was made to explore cooperation and collaboration between the two parties in Tanzania in the areas of port development, management, and operations.
In 2021, Tanzania’s Vice President attended an Economic Forum in Singapore. Tanzania Imports from Singapore were US$82.23 Million.
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Moreover, bilateral Trade between the two states is expected to increase with South-South trade on the rise and growing confidence from investors in Tanzania and the East Africa region.