Collaboration in the fintech and digital economy to be expanded by Singapore and Cambodia
Economy

Collaboration in the fintech and digital economy to be expanded by Singapore and Cambodia

Singapore and Cambodia will strengthen their cooperation particularly in new areas of mutual interest like agri-trade, infrastructure development, connectivity, digital economy, and fintech.

Dr. Balakrishnan said, “We both urged the Myanmar military authorities to swiftly and fully implement the FIve-Point Consensus, including by facilitating the Special Envoy’s visit to Myanmar to meet with all parties concerned”.

Dr. Balakrishnan expressed regret that there had been no significant progress in implementing the Consensus. According to the ASEAN “five-point consensus” reached in April of last year, the particular envoy is tasked with gathering and facilitating constructive dialogue amongst all parties involved in Myanmar’s political disaster. The blueprint also calls for the cessation of violence and the facilitation of humanitarian assistance.

On Tuesday and Wednesday (Feb 15-16), Foreign Minister Vivian Balakrishnan will be in Phnom Penh for the official trip. Starting on Wednesday, Dr. Balakrishnan will be present in the two-day ASEAN Foreign Minister’s Retreat. The ASEAN retreat is the first in a series of events that will be hosted by Cambodia as ASEAN chair this year. It will host under the theme “ASEAN A.C.T.: Addressing Challenges Together”.