Amid looming trade war, Singapore pressing on with trade relations: DPM Teo
By Olivia Siong@OliviaSiongCNA05 Jul 2018 08:12PM (Updated: 05 Jul 2018 08:20PM)
Ricky Lim
He also stressed that Singapore takes a “principled position” on these issues - just like how the country says it believes in following international law and the United Nations Convention on the Law of the Sea for passage rights for ships and aircraft because it is a major trading nation.
“So when we say, we are for multilateral trade arrangements, and free trade and we support those and the WTO, it is not because we support one country or another, but because we think that principle and the way of organising the world is a better way of doing so and will bring prosperity in the long term for all countries,” said Mr Teo.
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Now the whole World realise that following the international rule of law, respecting signed International Agreements or deals are so important in Countries to Countries relationship - because without doing so ---- the whole world will be in chaos.
“So when we say, we are for multilateral trade arrangements, and free trade and we support those and the WTO, it is not because we support one country or another, but because we think that principle and the way of organising the world is a better way of doing so and will bring prosperity in the long term for all countries,” said Mr Teo.
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Now the whole World realise that following the international rule of law, respecting signed International Agreements or deals are so important in Countries to Countries relationship - because without doing so ---- the whole world will be in chaos.
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