WASHINGTON, Oct 14 ― Singapore's deputy prime minister said yesterday he hopes for substantial progress in the US-led Indo-Pacific Economic Framework for Prosperity...
Wong said Singapore would like to see more far-reaching agreements with the United States, including market access and trade liberalisation, but recognised ‘there's no mood to talk about these issues’ at the moment in the US given its domestic political environment.
Wong, who is also Singapore's finance minister, said that given it may be difficult in some instances to get consensus among all 14 IPEF members, Singapore had said its bilateral cooperation with the United States could be a “pathfinder” for others to follow. The first pillar on trade could prove too far a bridge for a November consensus, they say, and talks on the second pillar, involving supply chains, were largely agreed in May.
Wong said Singapore would like to see more far-reaching agreements with the United States, including market access and trade liberalisation, but recognised “there's no mood to talk about these issues” at the moment in the US given its domestic political environment.
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