Singapore welcomes US' proposed Indo-Pacific economic plan, says PM Lee

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WASHINGTON - Singapore welcomes the United States' proposed economic plan for the Indo-Pacific and encourages greater Asean participation in it, Prime Minister Lee Hsien Loong told top US officials an

WASHINGTON - Singapore welcomes the United States' proposed economic plan for the Indo-Pacific and encourages greater Asean participation in it, Prime Minister Lee Hsien Loong told top US officials and American business leaders in Washington on Thursday .

Instead, the IPEF will feature four"pillars" of clean energy, supply chains, anti-corruption, and fair and resilient trade. Singapore also welcomes cooperation between the US and Asean to build digital capabilities, and to strengthen regional connectivity and logistics infrastructure, PM Lee said. The US was represented by Secretary of Commerce Gina Raimondo and US Trade Representative Katherine Tai, who are jointly negotiating the IPEF, as well as by climate envoy John Kerry and other top officials.Earlier on Thursday, PM Lee and other Asean leaders were hosted to a bipartisan working lunch with congressional leaders by US Speaker of the House Nancy Pelosi.

 

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straits_times It's not an economic plan. It is a destabilising chess move!

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