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Thursday, September 19, 2019

DPM Heng: Asian FTAs not exclusive. How about western FTAs?

https://www.businesstimes.com.sg/government-economy/asian-ftas-not-exclusive-support-multilateral-trading-system-heng

DPM Heng said that Asian FTAs such as RCEP shouldn't be exclusive.  I don't know whether this will go down well with China or not.  Why?

DPM Heng didn't say the same thing about TPP in ASEAN that it shouldn't be exclusive and TPP had a poison clause, investor­state dispute settlement.  Why didn't SG demand that TPP be inclusive instead?

http://sg-stock.blogspot.com/2017/05/fearmongering-by-western-media.html

Why is there a display of double standards here?

SG has to be very careful nowadays because China is watching SG closely.  Please remember that SG exports are declining continuously now and we need China more than China needs SG.

http://sg-stock.blogspot.com/2019/09/httpswww.html

1 comment:

Unknown said...

That's why it's impt to be diversified internationally & not fall prey to home bias.