Sunday, November 16, 2014

Singapore, Japan reaffirm bilateral ties


BRISBANE: Singapore and Japan reaffirmed their warm relations and the substantive progress made in improving bilateral ties when Singapore Prime Minister Lee Hsien Loong met his Japanese counterpart Shinzo Abe on Monday (Nov 17).


The two met in Brisbane after attending the Group of 20 Leaders' Summit. Mr Lee last met Mr Abe at the Shangri-La Dialogue in Singapore in May this year.


Mr Abe noted the frequency of the close interactions between the leaders of the two countries. He also reiterated Japan's commitment to regional peace and stability.


Both leaders discussed regional trade agreements including the Trans-Pacific Partnership (TPP) and the Regional Comprehensive Economic Partnership (RCEP). They noted that the RCEP was making good progress and pointed out the importance of facilitating closer trade cooperation in East Asia.


On the TPP, both agreed that the countries involved are working hard towards concluding negotiations. However, its conclusion is dependent on the ratification process of each country, they said.


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