On his first official visit to Italy, the Singapore's Minister of Foreign Affairs met with the Italy-ASEAN Association
On December 19th 2019, Singapore's Foreign Minister Vivian Balakrishnan held a conference on the evolution of globalization at the office of the Italy-ASEAN Association in Rome.
During his speech, Mr Balakrishnan stressed the long-lasting and stable relationship between Italy and Singapore. In particular, Italy was one of the first countries in the world to recognize Singapore's independence in 1965.
Today, more than 600 Italian companies are active in Singapore and, at the same time also Singaporean investments in Italy are considerable. The recent trade agreement between the European Union and Singapore, which came into force in November 2019, has the potential to further intensify economic exchanges.
Today, more than 600 Italian companies are active in Singapore and, at the same time also Singaporean investments in Italy are considerable. The recent trade agreement between the European Union and Singapore, which came into force in November 2019, has the potential to further intensify economic exchanges.
The Straits Times, an influential Singaporean newspaper, reported a more detailed account of Mr Balakrishnan's visit to Italy. The article is available at the following link.
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