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Asia's prospects bright, provided it maintains peace and stability: PM Lee

Published on Dec 11, 2013 3:05 PM
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Asia's prospects for economic growth remain positive, provided the region continues to be peaceful and stable, said Prime Minister Lee Hsien Loong on Wednesday. -- PHOTO: AFP

Asia's prospects for economic growth remain positive, provided the region continues to be peaceful and stable, said Prime Minister Lee Hsien Loong on Wednesday.

Speaking in Seoul at a lunch with South Korean business leaders, Mr Lee said Asian countries are pursuing closer economic integration regionally and globally, and are expected to outgrow the rest of the world again next year.

"So all in all, the outlook for Asia is bright, provided we have peace and stability in Asia," he said at the lunch, which was organised by the Korea International Trade Organisation.

Mr Lee also expressed Singapore's admiration for South Korea's quick economic recovery after the global financial crisis.

 
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