Singapore, US sign deal on infrastructure finance, market building
Singapore and the US signed an agreement to strengthen cooperation in infrastructure finance and debt market development in Washington DC on October 16.
The agreement is signed in Washington, DC, by Singaporean Minister in the Prime Minister's Office Indranee Rajah and US Deputy Treasury Secretary Justin Muzinich. (Photo: Singaporean Ministry of Finance)
Singapore (VNA) – Singapore and the US signed anagreement to strengthen cooperation in infrastructure finance and debt marketdevelopment in Washington DC on October 16.
The deal signing took place on the sidelines of the G-20Finance Ministers' and Central Bank Governors' Meeting, and annual meetings ofthe International Monetary Fund and the World Bank Group.
A statement from the Singaporean Ministry of Finance saidthe pact builds on broader cooperation between the two countries to facilitatetechnical exchanges and information sharing, support infrastructure developmentin Southeast Asia and promote investment in private sector.
Singapore also inked five other pacts during the AsiaInfrastructure Forum held in the first week of October. These includedagreements with Cambodia's Ministry of Economy and Finance on sewage and wastewater treatment; with Indonesia's Sarana Multi Infrastruktur on public-privatepartnership (PPP) capacity building; and with the Philippines’ PPP Centre todevelop and implement projects.
The Global Infrastructure Hub has estimated that developingAsia require 51 trillion USD in infrastructure investment through2040 to maintain its current growth momentum./.
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Singapore and China have signed nine agreements and Memoranda of Understanding (MoU) in various fields such as customs clearance, intellectual property management, education, innovation and communications, and smart city development.
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Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
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In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
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This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
The agreement is signed in Washington, DC, by Singaporean Minister in the Prime Minister's Office Indranee Rajah and US Deputy Treasury Secretary Justin Muzinich. (Photo: Singaporean Ministry of Finance) 
