The contemporary foreign and economic policy of singapore

1. SINGAPORE

2. INTRODUCTION
Singapore, officially known as the Republic of Singapore, is a
vibrant and modern city-state located in Southeast Asia. It is a
small island country situated at the southern tip of the Malay
Peninsula. Despite its small size, Singapore has made a
remarkable transformation from a humble fishing village to a
global economic powerhouse and a melting pot of cultures.
Known for its efficient infrastructure, clean streets, and
diverse culinary scene, Singapore is often hailed as a model of
urban development and efficiency.
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3. FOREIGN POLICY:
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• 1. Upholding the sovereignty and independence of
Singapore: This principle emphasizes the importance
of protecting Singapore’s national sovereignty and
independence. Singapore places great importance on
maintaining its autonomy and making decisions that
best serve its national interests.

4. FOREIGN POLICY:
•2. Fostering good relations with all countries and
being friends to many, enemies to none: Singapore
aims to maintain friendly and constructive relations
with all countries. It seeks to build strong diplomatic
ties and engage in dialogue and cooperation to
promote mutual understanding and collaboration.
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5. FOREIGN POLICY:
• 3. Pursuing an integrated ASEAN and a stable and
peaceful Southeast Asia: Singapore recognizes the
importance of a stable and peaceful Southeast Asia
for its own security and prosperity. It actively supports
ASEAN’s efforts to enhance regional integration,
promote economic growth, and maintain peace and
stability in the region.
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6. Economic Policy:
•1. Maintaining a competitive and resilient economy:
Singapore promotes an open and free market
economy, encouraging trade liberalization and
attracting foreign investment. It focuses on creating a
business-friendly environment, investing in
infrastructure, and fostering innovation and
technology adoption to ensure economic
competitiveness and resilience.
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7. Economic Policy:
• 2. Attracting foreign investment: Singapore actively
seeks to attract foreign companies and investment by
offering incentives, tax breaks, and a favorable
business environment. The country positions itself as
a hub for international businesses, providing access to
regional markets and a skilled workforce.
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