US-Singapore FTA can help usher in AI, says Trade Minister Gan Kim Yong
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WASHINGTON - It tripled trade and demonstrated the benefits of a rules-based trading order. Next, the free trade agreement (FTA) between Singapore and the US can help usher in the age of artificial intelligence (AI), Singapore's Minister for Trade and IndustrUS-Singapore FTA can help usher in AI, says Trade Minister Gan Kim Yong
WASHINGTON - It tripled trade and demonstrated the benefits of a rules-based trading order. Next, the free trade agreement (FTA) between Singapore and the US can help usher in the age of artificial intelligence (AI), Singapore's Minister for Trade and Industry Gan Kim Yong said in Washington at an event on April 29 celebrating the deal's 20th anniversary. And as much as the FTA has been a pathfinder for the bilateral trade and investment relationship for the last two decades, Mr Gan said, he hoped its next phase will be as impactful. «In the next 20 years and beyond, the next bound of economic co-operation between the US and Singapore can also serve as a pathfinder to accelerate adoption of emerging technologies like AI,» said the minister, who is on an official visit to the US. Recounting how the deal came about in a speech at a reception co-hosted by the US-Asean Business Council, Mr Gan said it was «a bridge built at the right place, at the right time». Read more