Three ways Singapore, EU can work together to unlock Asean's potential: Chan

Singapore

IT is in Asean and the European Union's (EU) shared interest to collaborate on greater integration for growth, said Minister of Trade and Industry Chan Chun Sing on Thursday. "This will avoid us having to repeat the lessons of the past, when the centrifugal forces of autarky and 'beggar-thy-neighbour' policies brought us into the Great Depression," he stressed.

Mr Chan also said there were "many areas with potential for deeper collaboration" between Singapore and the EU, with three opportunities standing out. First, healthcare. Second, digitalisation - including the potential for a new digital economy agreement (DEA). And third, sustainability.

Mr Chan was speaking to an audience of European and South-east Asian business and government leaders, at the 8th Asean-EU Business Summit held at the Fullerton Hotel. The summit is the flagship annual event of…

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