PM Lee is heading Singapore's delegation at the United Nations General Assembly, and spoke at the Climate Action Summit on Monday. He will also meet several foreign counterparts this week.
The 1990 MOU was signed by founding Prime Minister Lee Kuan Yew and then US Vice-President Dan Quayle, and was last renewed in 2005. The agreement facilitates US forces' access to Singapore's air and naval bases, and provides logistics support for its transiting personnel, aircraft and vessels. Under it, the US has rotationally deployed fighter aircraft for exercises, refuelling and maintenance, and deployed Littoral Combat Ships to Singapore since 2013 and P-8 Poseidon aircraft since 2015.
Singapore's Ministry of Defence said the renewal underscores the Republic's support for the US presence in the region, which remains vital for regional peace, stability and prosperity."In Singapore, you are our most important foreign investor and in America, as small as we are, we have $55 billion worth of investment," PM Lee said, adding that it generated a quarter of a million US jobs."We do tremendous trade with Singapore and we appreciate it very much," he said.
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