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Moon vows to increase trade with Singapore, Southeast Asia
South Korea President Moon Jae-in, left, and Singapore Prime Minister Lee Hsien Loong hold a press conference at the Istana Presidential Palace in Singapore, Thursday, July 12, 2018. Moon is on a three-day visit to Singapore. (Wallace Woon/Pool Photo via AP)

Moon vows to increase trade with Singapore, Southeast Asia

SINGAPORE :South Korea’s president has pledged to increase trade with Singapore as part of a strategy to raise its economic influence in the region.

President Moon Jae-in says the two countries agreed to “invigorate mutual investment” by significantly increasing the trade volume, which is currently at $20 billion.

He says: “We will spare no effort to ensure that the companies of our two countries will be able to do joint projects and make joint inroads into third countries together.”

Read more: http://business.inquirer.net/253879/moon-vows-increase-trade-singapore-southeast-asia#ixzz5L2WcaQP7
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