| Singapore celebrates our 55th National Day today. This year, we commemorate this occasion against a backdrop of an unprecedented global pandemic and economic crisis.
The pandemic also layered itself onto the tectonic shifts taking place in the global economy and geopolitics. The US-China relationship has been further complicated by the Covid-19 pandemic, and this will have wide-ranging implications for all countries. Disruptions to trade and supply chain connectivity and the slowdown in the global economy will affect the growth trajectories of the region. The next few years will be a disruptive and challenging time for all of us.
Second, we cooperated on broader policy issues arising from the pandemic. We formed the Singapore-Malaysia Special Working Committee on Covid-19, co-chaired by Senior Minister and Coordinating Minister for National Security Teo Chee Hean and Senior Minister and Minister of Defence Ismail Sabri Yaakob, to ensure the safe movement of essential people, goods and services.
Covid-19 is not the first test, nor will it be the last, for our two countries. Our collective responses demonstrated the positive spirit of bilateral cooperation and how we can achieve much more by working together. This will serve us well in the coming years.
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