Singapore, Luxembourg Target Deeper Cooperation in Quantum, AI And Space

Insider Brief

• Singapore and Luxembourg plan to deepen cooperation in quantum computing, artificial intelligence, space technology and satellite communications.
• The countries are major financial hubs with strong investment ties and limited domestic markets.
• Their leaders also discussed closer ASEAN-EU relations and support for international stability, trade and the rule of law.

Singapore and Luxembourg plan to deepen cooperation in quantum computing, artificial intelligence, space technology and satellite communications as the two small, trade-dependent nations seek closer economic and strategic ties.

Singapore Prime Minister Lawrence Wong identified the technologies as emerging and critical areas for collaboration during an official lunch for Luxembourg Prime Minister Luc Frieden on Sept. 7, according to Asia News Network.

Frieden was visiting Singapore from Sept. 6 to 8, his first official trip to the country since becoming prime minister. The visit also followed Luxembourg’s opening of its first resident embassy in Singapore, a step Wong described as a “strong signal” of Luxembourg’s commitment to greater engagement with Singapore and Southeast Asia.

The proposed technology cooperation builds on extensive financial and commercial ties between the countries. Luxembourg is the largest European Union investor in Singapore, while Singapore ranks as Luxembourg’s second-largest investment destination within the bloc, Wong said.