Key Points of Dr Balakrishnan’s Bangkok Interview on 26 June 2024

Key Points of Dr Balakrishnan's Bangkok Interview on 26 June 2024
Images via Stock Photo and Stock Photo
  1. Singapore-Thailand continued collaboration on public service projects.
  2. Bilateral trade between the nations is substantial at S$41 billion.
  3. Potential future partnerships in tourism and youth engagement.

Minister Vivian Balakrishnan’s Thailand visit highlights deepening Singapore-Thailand ties.

Vivian Balakrishnan’s Engagements in Bangkok

Minister Balakrishnan described Thailand as ‘a very important country for Singapore’ during a brief interview in Bangkok, as reported by the Ministry of Foreign Affairs (MFA)

He highlighted strong economic links with Thailand’s continued engagement.

Bilateral trade between Singapore and Thailand has reached S$41 billion yearly.

This visit celebrated the 14th Singapore-Thailand Civil Service Exchange Programme.

It also started talks on exciting opportunities in digital and green economies.

Here are some key points to note:

  • Looking for new environmental solutions with carbon credits discussions.
  • Exploring new areas in digital payments across borders.
  • Involving young people in bilateral relations through planned camps.

The Importance of Diplomatic Relations

According to Minister Balakrishnan, We want Thailand to succeed, given our considerable economic stakes there.

He stressed the need for economic integration in today’s challenging environment.

Singapore stands as the second-largest foreign investor in Thailand.

Thailand and Singapore see their 60th diplomatic anniversary as a key milestone.

Future teamwork could lead to more tourist exchanges and cruise tourism.

Take a look at this quick table for a clear overview:

Economic FocusCultural Initiatives
Digital and green economic projectsYouth camps in Singapore
Using carbon creditsCruise tourism possibilities
Cross-border payment systemsIncreasing two-way tourist flows
ASEAN Power Grid teamworkStrengthening bilateral trust

Deepening Economic and Cultural Links

Dr Balakrishnan emphasises regular interactions for real progress.

Global challenges push for more cooperative development.

Thailand, as described by the minister, is a centre of economic opportunity for growth.

Conclusion

Minister Balakrishnan’s important visit shows a stronger Singapore-Thailand partnership, pointing to a future of working together.

Full transcript of Dr Vivian Balakrishnan’s interview.

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