Singapore, Canada discuss free trade, reaffirm 60 years of relations during PM Carney’s visit


Lawrence Wong hosting his Canadian counterpart Mark Carney for breakfast at the Istana on Oct 29. - MDDI

SINGAPORE: Prime Minister Lawrence Wong and his Canadian counterpart Mark Carney celebrated 60 years of diplomatic relations between their countries during Carney’s visit to the Republic, while also reaffirming their commitment to free trade.

During breakfast at the Istana hosted by Wong on Wednesday (Oct 29), the two premiers discussed ways to strengthen economic and investment links, as well as further opportunities for collaboration in technology, energy, and cybersecurity, said Singapore’s Ministry of Foreign Affairs in a statement.

Both prime ministers also highlighted their countries’ shared outlook on free trade and investments, as well as a commitment to multilateralism and international law.

In a Facebook post, Wong, who is also Finance Minister, said he had known Carney from his previous roles and welcomed his first visit to Singapore as Prime Minister.

Wong also welcomed Canada’s interest in strengthening economic cooperation with Asean and working on a free trade agreement with the South-East Asian regional group of countries.

“I was also glad PM Carney had the chance to connect with companies here, exploring trade and investment opportunities that will benefit both Canadians and Singaporeans,” he added.

Carney, a former governor of Canada’s central bank, noted on Facebook that businesses in Singapore invested nearly C$8 billion (S$7.4 billion) in Canada in 2024, and expressed a desire to attract more investments.

Before his two-day working visit to Singapore on Oct 28 and 29, Carney was in Malaysia for the Asean summit. He will attend the Asia-Pacific Economic Cooperation forum in South Korea later this week. - The Straits Times/ANN

 

 

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Singapore , Canada , Lawrence Wong , Mark Carney

Next In Aseanplus News

This airline offers bunk beds for its long-haul flights, but they come with rules
Drug supplier to notorious Korean drug kingpin Park Wang-yeol repatriated from Thailand
China, US economic chiefs raise complaints in 'candid' call ahead of Trump-Xi summit
Zoo employee arrested for allegedly damaging wife’s body in Japan
Hundreds of protesters clash with Australian police after death of Indigenous girl
TAT sees Thai trips slow over Labour-Coronation holiday as costs rise
Indonesia court jails former officials at education ministry over Google laptop procurement
US names Vietnam as top concern country in intellectual property rights report
Crocodile spotted near Singapore's Keppel Bay; NParks monitoring situation
Myanmar's former leader Aung San Suu Kyi moved to house arrest

Others Also Read