Namibia and Singapore are looking to deepen their economic ties, with both countries set to explore new areas of cooperation while strengthening existing trade relations.

Namibia's Minister of International Relations and Trade, Selma Ashipala-Musavyi, is holding high-level talks in Singapore with her counterpart, Dr. Vivian Balakrishnan. 

The discussions are also expected to focus on cooperation in multilateral forums.

Ashipala-Musavyi is in Singapore on a two-day official visit, as announced in a statement by the Ministry of International Relations and Trade.

Singapore remains one of Namibia's top five export destinations in Asia, importing key products such as diamonds, non-fillet frozen fish, and manganese.

In return, Singapore supplies Namibia with refined fuels and capital goods. 

Trade between the two countries reached over N$16,000,000 in 2024, government statistics indicate.

During the visit, Minister Ashipala-Musavyi and Singapore's Minister of State for Trade and Industry and National Development, Alvin Tan, are expected to highlight opportunities to support small and medium enterprises while strengthening partnerships in agro-processing and the energy sector.

The Namibian delegation also includes officials from the ministries of agriculture, water, and land reform; industries; mines; and energy, as well as representatives from the Namibia Investment Promotion and Development Board and the Namibia Ports Authority.