Tags: AS | ASEAN

Singapore PM: ASEAN Growing Closer to China and India

Singapore PM: ASEAN Growing Closer to China and India

Saturday, 28 April 2018 12:37 AM EDT

SINGAPORE (AP) — Southeast Asian countries will work more closely with new powers China and India to counter the pressure of protectionism and ensure continued growth, Singapore prime minister said Saturday.

Addressing the summit of the 10-nation Association of Southeast Asian Nations, Prime Minister Lee Hsien Loong said that regional economic growth was under threat because the political mood in many countries had turned against free trade. He said recent trade tensions between the U.S. and China in particular are worrying.

The U.S. and China are entangled in their most consequential trade dispute since World War II. Both countries have proposed tariffs of $50 billion on each other's products; President Donald Trump is looking to impose tariffs of up to $100 billion more on Chinese goods.

"The global strategic balance is shifting, and so is the regional balance," Lee said. "New powers, including China and India, are growing in strength and influence. This has opened up new opportunities for ASEAN member states as we expand our cooperation with them."

He said that the group faces challenges closer to home as well, such as the Islamic State group, cybersecurity and strengthening a regional economic community.

ASEAN leaders are expected to discuss free trade, Myanmar's refugee crisis and the historic summit between North Korean leader Kim Jong Un and South Korea's President Moon Jae-in on Friday.

In addition to Singapore, the ASEAN members are Myanmar, Cambodia, Laos, Indonesia, Thailand, Malaysia, Vietnam, Brunei and the Philippines.

© Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


GlobalTalk
Southeast Asian countries will work more closely with new powers China and India to counter the pressure of protectionism and ensure continued growth, Singapore prime minister said Saturday.Addressing the summit of the 10-nation Association of Southeast Asian Nations, Prime...
AS,ASEAN
242
2018-37-28
Saturday, 28 April 2018 12:37 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© 2025 Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved