SAN FRANCISCO – Prime Minister Lee Hsien Loong on Tuesday said he hoped America will continue to pursue deeper ties with Asia at a time when security concerns are trumping trade considerations.
“Today, amidst a more complex global environment, strategic and security concerns are increasingly overriding free trade and economic welfare considerations,” PM Lee said as he launched Enterprise Singapore’s (EnterpriseSG) San Francisco Overseas Centre.
“But we are hopeful that despite this trend, America will maintain and even strengthen its relationship with Asia and the rest of the world. Because countries, even big countries, still need to do business and trade with one another, not just for our collective prosperity, but also because trade is an important facet of international cooperation and peace,” he noted.
“And we also hope for major economies like the US, which play an anchor role in so many situations around the world, to be deeply engaged with the world, influencing it, cooperating with it, and benefiting from it.”
PM Lee arrived in San Francisco on Monday for a six-day working visit to attend the annual leaders’ meeting of the Asia-Pacific Economic Cooperation (Apec) forum hosted by the United States.
The new San Francisco office is EnterpriseSG’s 37th overseas centre and comes in response to Singapore companies’ growing appetite to enter the US market.
Its launch marks a step up in Singapore’s engagement on the West Coast, PM Lee said, as he noted that Singapore is the third-largest Asian investor in the US, while America is Singapore’s largest foreign investor.
Diese Geschichte stammt aus der November 16, 2023-Ausgabe von The Straits Times.
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