Singapore and New Zealand signed a legally binding agreement on 4 May 2026 to strengthen supply chain resilience and maintain the flow of critical goods. The pact covers essential supplies such as food, fuel, healthcare products, chemical products, and construction products.

Supply Chain Resilience
Supply chain resilience refers to the ability of trade and logistics systems to continue functioning during shocks, shortages, or transport disruptions. The agreement commits both countries not to impose unnecessary export restrictions on essential goods, including during crises.

Agreement Framework
The pact will be incorporated into the Agreement on a Closer Economic Partnership, the free-trade agreement between Singapore and New Zealand that came into force in January 2001. The two countries also signed a Comprehensive Strategic Partnership in October 2025, which covers six pillars of cooperation, including trade, security, and supply chain resilience.

New Zealand imports around one-third of its fuel refined in Singapore. Singapore is a major refining and trading hub in Asia, and New Zealand is a trade-dependent economy in the South Pacific.
The pact covers food, fuel, healthcare, chemical, and construction products. It is linked to trade continuity during disruptions such as the closure of the Strait of Hormuz.