Visit of the Foreign Minister to Singapore, September 2022

Foreign Secretary Rt Hon James Cleverly MP is in Singapore today (29 September), for the first time since taking office, to highlight the UK’s partnership with Singapore, ASEAN and the region indo-pacific.

The Foreign Minister will meet the Prime Minister, Deputy Prime Minister and his Singaporean counterpart, Foreign Minister Dr. Vivian Balakrishnan to launch a regional investment initiative and deliver a keynote address on the Kingdom’s approach Kingdom vis-à-vis the Indo-Pacific.

Speaking from Singapore, Foreign Secretary James Cleverly said:

The ties between the UK and Singapore are based on our shared beliefs in free trade and international law and our strong commitment to the rules-based multilateral system.

Singapore is an important and strategic partner as well as a global economic and political hub. I look forward to strengthening this partnership, working together to solve global challenges and creating lasting prosperity in the UK, Singapore and the Indo-Pacific.

The Foreign Secretary will meet Prime Minister Lee Hsien Loong to reaffirm the UK’s commitment to strengthening bilateral relations with Singapore and to discuss future regional trade and security cooperation.

At the Milken Institute Asia Summit, the Foreign Secretary will deliver a speech outlining the UK’s outlook on the Indo-Pacific region.

The Foreign Secretary will meet Foreign Minister Vivian Balakrishnan and outline the UK’s ambition to elevate UK-Singapore relations, reflecting the breadth and depth of common interests. He will sign a memorandum of understanding committing the UK and Singapore to work together on building capacity and resilience in the region.

He will meet Deputy Prime Minister Lawrence Wong and launch the new British International Investment (BII) Office, which will be at the heart of the UK development finance institution’s Indo-Pacific expansion, recognizing Singapore’s role as global financial center. BII’s plans to invest in green infrastructure will support climate resilience and a green economic transition in the region and bring us closer to Vietnam, Indonesia, the Philippines, Cambodia and Laos.

Srini Nagarajan, Managing Director and Head of Asia, British International Investment, said:

Our new office in Singapore is a milestone in BII’s history, which will play an important role in our Indo-Pacific expansion and bring us closer to our target markets of the Philippines, Indonesia, Vietnam, Cambodia and Laos. We will invest in the renewable energy sector and partner with a network of investors to help these economies reduce emissions, protect the environment and adapt to climate change.

The visit to Singapore will conclude his three-day visit to East Asia, during which the Foreign Secretary underlined the UK’s deep interest in the Indo-Pacific region and took forward shared ambitions in trade and security.

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