Digital Platforms and Global Value Chains

we are sparing no effort to provide the necessary support and the enabling environment to fosterdiversification, through substantial transformation in the creative sector as well as in manufacturing, finance, medicine, security, commerce, agriculture and renewable energy. Our newly established Ministry of Digital Transformation is leading these efforts to create a competitive digitally - driven economy that will stimulategreater opportunities for all of our people.

We will look to accelerate investment trends, like increased digitization, that will modernize our economy and help it recover.

At the national level, Singapore is already building partnerships with many countries. 57. We have concluded Digital Economy Agreements with several partners.58. We co-lead the WTO Joint Statement Initiative on e-commerce with Japan and Australia, which now includes more than 80 member economies and comprise 90% of global trade

The pandemic is also an opportunity to build a better worldandpromote economic and social recovery that generates sustainable, green, inclusive, and resilient societies adapted to technological and digital transformations.

Lithuania has earlier used its chances for early digital transformation, with advances in modern information and communication infrastructure jumpstarting a fast growth of digital economy. We intend to do the same with green transformation.