mr lee: During the visit, Mr Lee will address parliament and seal a $2 billion deal in which 14,000 Singaporean troops will train for 18 weeks a year in central and northern Queensland, according to Nine News Australia. The leaders are also expected to approve talks to revamp the 2003 free trade agreement, which has led to Singapore becoming Australia fifth-largest trading partner. Mr Lee will visit Canberra on Wednesday and Thursday for economic and security talks with Malcolm Turnbull and senior ministers. Australia is aiming to get its economic links with Singapore to be on par with that of New Zealand. Mr Turnbull said regional security was "more important than ever" and the Singapore-Australia relationship was critical to this."The relative peace and harmony in our region is the foundation upon which the greatest economic transformation in the history of mankind has been based," Mr Turnbull said. Senator Payne said the military agreement was vital to the security and stability of the region."This is a move that has been applauded amongst our partners in the region... it going to be a huge game-changer in the region," she told reporters in Canberra on Tuesday.
(news.financializer.com). As
reported in the news.
Tagged under mr lee, trade agreement topics.