Tanzania and Singapore Sign Double Tax and Other Agreements, TISEZA Hosts Business Forum to Strengthen Trade and Investment

Tanzania and Singapore signed five agreements and memoranda of understanding during President Tharman Shanmugaratnam’s state visit to Tanzania, covering taxation, trade facilitation, public service capacity building and diplomatic cooperation. The two countries also reaffirmed plans to deepen collaboration in investment, digital transformation, logistics, financial services and industrial development as bilateral trade reached USD 74 million and Singaporean investments in Tanzania exceeded USD 535 million.