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Three areas of Singapore-China cooperation can support Belt & Road project: DPM Teo

The two sides can promote safe passage of trade, facilitate financial flows and build up civil-society ties

Published Thu, Jul 13, 2017 · 09:50 PM

Singapore

THE significance of China's Belt and Road (B&R) Initiative extends far beyond how China can benefit from this initiative, to how other countries can also benefit from it, said Singapore's Deputy Prime Minister Teo Chee Hean on Thursday.

Singapore and Chinese leaders have thus agreed on three broad areas of cooperation so that the full potential of China's marquee infrastructural project can be realised.

"In its grand sweep, the overarching concept of the Belt and Road is, above all, about connectivity," he said, adding that it goes "beyond being driven principally by China, to being fully inclusive, co-owned…

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