Singapore's relations with countries in Latin America are cordial. Relations have expanded in recent years as evident from the regular exchanges of high level visits both bilaterally and to attend multilateral meetings. Singapore has also shared our development experience with Latin American countries through the provision of technical assistance under the Singapore Cooperation Programme.
Economic cooperation between Singapore and Latin America is increasing steadily. Singapore's trade with Latin America has more than doubled between 2005 and 2009. Singapore has also concluded Free Trade Agreements with several Latin American countries, namely, Costa Rica, Peru, Panama, and Chile (as part of the Trans-Pacific Partnership). Singapore’s engagement of Latin American countries has also expanded to other non-economic areas such as science and technology and education.
One of the main vehicles to promote Singapore-Latin America relations is the Forum for the East Asia-Latin America Cooperation (FEALAC). Projects initiated by Singapore under FEALAC include the FEALAC Journalists Visit Program (JVP), and Young Parliamentarians Forum (YPF). These projects have helped to bridge the social and cultural chasms, and promoted better understanding between the two regions.