Merlion Park - An iconic statue of Singapore (Source: AFP/VNA) Singapore (VNA) – Singapore and Japan issued a joint statement on May 1 agreeing to deepen bilateral economic cooperation to secure supply chains for essential goods and strengthen economic resilience amidst the COVID-19 pandemic.
The statement was issued after online talks between Singapore’s Minister for Trade and Industry Chan Chun Sing and Japan’s Minister of Economy, Trade and Industry Hiroshi Kajiyama.
The two sides are committed to keep markets open and work with like-minded partners to ensure the continued flow of trade across borders without imposing export restrictions on essential goods, including agricultural food products and medical supplies.
They pledged to step up bilateral cooperation to facilitate businesses' operations in the digital economy.
The two ministers also affirmed the importance of signing the Regional Comprehensive Economic Partnership (RCEP) in 2020, which will allow businesses to benefit from the enhanced integration of regional trade networks.
Also on May 1, Minister Chan Chun Sing and his counterparts from Canada, Australia, the Republic of Korea, and New Zealand issued ministerial-level joint statements on action plans to boost supply chains in face of COVID-19./.
