PETALING JAYA: Singapore Prime Minister Lee Hsien Loong will attend the 5th Malaysia-Singapore Leaders’ Retreat to be held in Putrajaya today and tomorrow.
Lee will be accompanied by his wife Ho Ching, several Cabinet ministers and senior officials from the republic during his working visit, Wisma Putra said in a statement.
The ministry said the retreat was a platform for leaders of both countries to take stock of their bilateral co-operation. It also provides the leaders with an avenue to explore and discuss new initiatives and further collaboration.
Both parties are to issue a Leaders’ Joint Statement at the conclusion of the retreat, the statement added.
Last year, bilateral trade increased to US$57.4bil (RM188bil) from US$57bil (RM186.9bil).
Singapore was Malaysia’s largest export destination last year with a total export of US$31.9bil (RM104.6bil) while the republic was Malaysia’s second largest source of imports with a total import of US$25.5bil (RM83.6bil).