KEY POINTS
  • Singapore already has similar travel lane arrangements with Germany and Brunei that started in September.
  • S. Iswaran, Singapore's transport minister and minister-in-charge of trade relations, said the country's existing initiative with Germany and Brunei picked up only two cases of infected travelers – out of 3,000 people who entered Singapore through the so-called VTLs in the first month.
  • Iswaran said the launching of the VTLs was part of efforts to reestablish the city-state as an international aviation hub.

Singapore is set to open "vaccinated travel lanes" with more countries — but that doesn't mean the country is taking on significantly higher risks, Transport Minister S. Iswaran told CNBC on Monday.

The city-state announced last week that it will be launching more travel lanes for vaccinated travelers from South Korea, Canada, Denmark, France, Italy, Netherlands, Spain, the U.K. and the U.S. That's in addition to similar arrangements with Germany and Brunei that started in September.