Trade Representation Office of the Russian Federation
in the Republic of Singapore
Trade Representation of the Russian Federation in the Republic of Singapore is an official establishment within the Russian diplomatic mission providing assistance in development of bilateral trade, economic, investment and interregional cooperation.
Trade Representations are geared towards developing Russia's external economic relations with other countries, assisting in promotion of Russian exports, attracting investment and advanced technologies to the Russian Federation.
Economic Relations Between the Russian Federation and the Republic of Singapore
$1.78 trillion USD
GDP of the Russian Federation as of 2021
$2.3 Billion USD
Trade Turnover Between the Russian Federation and the Republic of Singapore
The main tasks of the trade representation are:
Representation of the interests of the State on foreign trade issues in the host country
Promotion of trade relations
Study of the general economic and legal conditions and market conditions of the host country and information about it from state authorities, participants in foreign economic activity (exporters and importers)
Organization of visits of delegations to the host country, organization of meetings of the business circles of their country and the host country
Other types of assistance in the host country to national participants in foreign economic activity
After several years of successful work of the Foundation, it was decided to narrow the geography of our activities and focus on trade and economic relations with the countries of Northeast Asia - China (Hong Kong and Taiwan), Japan and Korea). Even then, this region became a driver of global economic growth, and these countries began to be called "Asian tigers".
Having selected a team of top-class professionals, we were able in a relatively short time to establish a direct dialogue between Russian businessmen and Asian partners, the most powerful industrial holdings with advanced technologies and huge investment and financial potential.
Even during the pandemic, our traders were able to find completely new forms of trade organization, quickly switching to electronic, which allowed to reduce time and save resources.
At a time when borders were practically closed and personal contacts became almost impossible, long-term trusting relations with our foreign partners allowed us to practically not reduce the pace of trade, the benefit is that Northeast Asia produces almost the entire set of modern products - from the most complex machine tools and electronics to cosmetics and light industry goods.
Thanks to our active work, Russian businesses have the opportunity to work directly with Asian Tigers, implement their own investment and trade projects, and effectively use foreign trade and exhibition sites. Our Eastern partners have a real opportunity to enter Russian e-commerce platforms, local markets of Russian regions and the countries of the Eurasian Union.
I welcome our long-standing partners and invite new ones to work together. Whether we want it or not, the world is being rebuilt and we must rebuild with it. But on the way to success, our partners remain with us, whom we trust and who trust us. Good luck!
Dr. Mikhail Bondarenko,
Trade Representative of the Russian Federation in the Republic of Singapore
Trade Representation Office
Address: 51 Nassim Road, Singapore, 258439
Phone Number: +65 9889 0873
Official Website: https://sg.minpromtorg.gov.rue