For subscribers
The Straits Times says
Singapore, US and the global order
Sign up now: Get ST's newsletters delivered to your inbox
Follow topic:
Deputy Prime Minister and Finance Minister Lawrence Wong’s 10-day visit to the United States issues from national security to economics and finance.
This development is a strong statement of the sense of purpose that drives bilateral cooperation. The basis of cooperation is multifaceted. On the economic front, not only is the US the largest foreign direct investor in Singapore, its investment is larger than American investment in China, Japan and South Korea combined. Tiny Singapore, on its part, is the third-largest Asian investor in the US, after Japan and South Korea. On the strategic front, Singapore’s status as a Major Security Cooperation Partner of the US underlines its importance to the superpower although the city-state is not an ally.

