Singapore accepts invitation to G20 Hamburg Summit

Singapore accepts invitation to G20 Hamburg Summit

Prime Minister Lee Hsien Loong wrote to German Chancellor Angela Merkel on Friday (Dec 2) saying Singapore is honoured to accept her invitation to attend the G20 Summit in Hamburg, which will be held from Jul 7 to 8 in 2017.

SINGAPORE: Prime Minister Lee Hsien Loong wrote to German Chancellor Angela Merkel on Friday (Dec 2) to accept her invitation to attend the G20 Summit in Hamburg, which will be held from Jul 7 to 8 in 2017.

Mr Lee said that Singapore is honoured to accept the invitation and he looks forward to working closely with Germany towards a successful summit.

Singapore is not a G20 member but the host nation can invite guest countries to participate in the meetings.

In a joint statement, the Ministry of Foreign Affairs (MFA) and the Ministry of Finance (MOF) said: "As a major financial centre and hub for investments into Asia, Singapore looks forward to contributing to G20 discussions on global financial reforms, the multilateral trading system, employment and digitalisation", adding that Singapore appreciates Germany’s efforts to reach out to non-G20 members.

PM Lee's letter to Dr Merkel is reproduced below:

Dear Chancellor Merkel,

Thank you for your letter dated Nov 8, 2016, inviting Singapore to the G20 Hamburg Summit to be held from Jul 7 to 8, 2017, as well as the Ministerial meetings and other associated meetings under Germany’s 2017 G20 Presidency.

Singapore is honoured to accept the invitation to participate in the G20 Hamburg Summit. We firmly support Germany’s efforts to enrich the inclusiveness and transparency of the G20 process by reaching out to non-G20 countries. Singapore seeks to promote stronger engagement between the G20 and the wider United Nations membership through the Global Governance Group.

We welcome Germany’s priorities on resilience, responsibility and sustainability. The G20’s leadership in steering the global economy is especially crucial at a time of subdued global economic outlook, as well as sluggish growth in trade and investment. As an open economy and a major financial centre, Singapore will continue our active contributions to the G20’s ongoing discussions on key economic and financial policy issues.

Our two countries have cooperated closely across various fields. In this regard, Singapore looks forward to working closely with Germany towards a successful G20 Hamburg Summit and G20 Presidency.

Lee Hsien Loong

Her Excellency Angela Merkel
The Federal Chancellor
The Federal Republic of Germany

Source: CNA/dl

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