Asean must press on regional integration efforts amid troubled global environment, says Singapore PM

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Asean must press on regional integration efforts amid troubled global environment, says Singapore PM
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In his intervention at the 42nd Asean Summit plenary session, Lee offered three suggestions, one being that Asean should deepen its economic collaboration and expand into new growth areas.

In his intervention at the 42nd Asean Summit plenary session, Lee offered three suggestions with one of them being ASEAN should deepen its economic collaboration and expand into new growth areas, such as the digital and green economies.

"We need to update and upgrade our core Agreements such as the Asean Trade in Goods Agreement , to keep them relevant to evolving business practices,” he said in his intervention speech made available to the media here, Wednesday. "We can reap tremendous economic gains by improving the digital connectivity and literacy of our peoples,” he said.

Lee said the success of the Laos-Thailand-Malaysia-Singapore Power Integration Project"shows that multilateral power trading in the region is feasible.”

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