Singapore to deepen ties with Brazil

by Dave

Asia One

Singapore wants to build new links with Latin America and deepen its ties with economic powerhouse Brazil.

‘We see Latin America as a new economic frontier offering good business and investment opportunities,’ Prime Minister Lee Hsien Loong yesterday told businessmen belonging to the Federation of Industries in the state of Sao Paulo.

Singapore’s Foreign Minister George Yeo was already in the capital Brasilia, for the first ever dialogue between Asean and Mercosur, a trade grouping of Brazil, Chile, Paraguay and Uruguay set up to promote trade and investment in areas such as health and education.

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