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RIO DE JANEIRO — Singapore has to be realistic and adapt to the current shape of global trade, as it continues to work with like-minded countries to strengthen support for multilateralism, said Prime Minister Lawrence Wong on Tuesday (Nov 19). This mean'Because we are involved, we can shape these emerging processes': PM Wong on participating in platforms like G-20
RIO DE JANEIRO — Singapore has to be realistic and adapt to the current shape of global trade, as it continues to work with like-minded countries to strengthen support for multilateralism, said Prime Minister Lawrence Wong on Tuesday (Nov 19). This means bringing Asean countries closer together and linking up with other regional groups, such as the Mercosur bloc in Latin America, he told reporters on the last day of the Group of 20 (G-20) Summit in Rio de Janeiro, Brazil. «The reality is that trade is continuing, but it is being reconfigured,» PM Wong said in an interview to wrap up his trip, where he spoke on the impact of changes to global trade flows and why the Republic's participation at international meetings like the G-20 Summit makes a difference. Singapore is not a member of the G-20, which comprises 19 major and emerging economies, along with the European Union and African Union. However, it is regularly invited to take part in the group's meetings. Read more
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