Monday, April 16, 2018

ASEAN, Commonwealth have ‘much in common’, and much that both can do together: PM Lee

Writing in an article published in the Commonwealth Heads of Government Meeting (CHOGM) Report, Mr Lee noted that Singapore will continue to do its part to contribute towards a resilient, innovative and sustainable Commonwealth.
Read more at https://www.channelnewsasia.com/news/singapore/asean-commonwealth-have-much-in-common-and-much-that-both-can-do-10142594
 (Updated: )

Ricky Lim · 

Ha Ha, well done, well done.

Forgotten about Commonwealth.

Commonwealth can also form another Economic Bloc - to facilitate trade, business and investment.

Who will take the lead on this?
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Ricky Lim · 
The Commonwealth of Nations[2] (formerly the British Commonwealth),[3][1] also known as simply the Commonwealth, is an intergovernmental organisation of 53 member states that are mostly former territories of the British Empire.[4]
With an estimated population of 2.419 billion people, nearly a third of the world population, The Commonwealth in 2014 produced a nominal gross domestic product (GDP) of $10.45 trillion, representing 14% of the gross world product when measured nominally and 17% of the gross world product when measured in purchasing power parity (PPP).

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$10.45 trillion is another big market for trade, business and investment ----- wonder who will take the lead to form another Economic Bloc with ASEAN?

ASEAN market in total is :-
If ASEAN were a single country, it would already be the seventh-largest economy in the world, with a combined GDP of $2.4 trillion in 2013 (Exhibit 1). It is projected to rank as the fourth-largest economy by 2050.

So if Commonwealth and ASEAN for another Economic Community FTA ---- another big trading market.

Anyone take up the lead to negotiate ASEAN-Commonwealth FTA?

Don't worry Trump will not be inside to mess this up - let Trump and his supporters thump their chest and stomp the foot -- shit another miss opportunity.
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