Taiwan Envoy Reflects on Regional Ties With Singapore

TaiwanPlus News

Singapore will soon celebrate its 60th national day. TaiwanPlus reporter Isabel Wang is on the ground to speak with experts and diplomats to explore how Taiwan-Singapore ties are evolving in today’s shifting global landscape.

Transcript

00:00Singapore, commonly known as the Lion City, is celebrating its 60th birthday after separating

00:06from Malaysia in 1965.

00:09Although it is 50 times smaller than Taiwan, Singapore has risen from a resource-poor nation

00:14to a world-leading financial hub.

00:17The city's stay remains robust unofficial ties with Taiwan, while maintaining good relations

00:22with China.

00:23Taiwan's representative to Singapore, Tong Zhenyuan, says economic ties between the two

00:28sides remain strong and steady.

00:30Last year, Taiwan is Singapore's fourth-largest trading partner, and Singapore was Taiwan's

00:38sixth-largest trading partner.

00:40Even last year's global economy has not been very well, but our trade, particularly our exports

00:48to Singapore, has been increased by 13.5%.

00:55Singapore has been known for finding a strategic balance between the U.S. and China.

00:59But experts warn that a shift in the global trading system is happening because the U.S.

01:04is reshaping how it engages with the rest of the world.

01:07The U.S. is fundamentally changing its economic relationship with the entire world.

01:11It's not just about China or Taiwan or even Asia.

01:14It's the whole world.

01:16They're rejecting existing international norms.

01:19They're rejecting multilateral arrangements focused on reciprocal, bilateral agreements

01:26based on reciprocity.

01:28There's no longer a distinction between developing economies and developed economies.

01:34Despite ongoing global uncertainties, Singapore is looking to expand this year's National Day

01:38celebrations from the historic Padan to the Marina Bay Area to mark its Diamond Jubilee.

01:45Stay tuned for more stories on how the nation covered this special day.

01:49Howard Zhang, Andy Xue, and Isabel Wan in Singapore for Taiwan Plus.

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