Singapore PM: ASEAN "steadfast" in upholding multilateral trading system
NUSA DUA, Indonesia, Oct 11 (Reuters) - The Association of
Southeast Asian Nations (ASEAN) remains "steadfast" in upholding
an open and rules-based multilateral trading system, Singapore
Prime Minister Lee Hsien Loong said on Thursday.
Speaking after an ASEAN leaders' meeting on the sideline of
IMF-World Bank annual meetings in Bali, Lee said the group had
reaffirmed its international cooperation. His remarks come amid
escalating trade tensions between the United States and China.
"We are redoubling our efforts to the Regional Comprehensive
Economic Partnership and we hope to achieve substantial
conclusion by the end of this year," said Lee, referring to a
trade pact between ASEAN countries and other Asian economies,
including China. Singapore is the current chair of ASEAN.
(Reporting by Fransiska Nangoy
Editing by Ed Davies and Simon Cameron-Moore)
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