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Singapore premier warns against protectionism masquerading as political and security concerns
Restricting investments hurts multilateral trade and leads to strategic and great power rivalry, he says
Published Fri, Apr 20, 2018 · 09:50 PM
London
WHILE countries need to address the political and security concerns that come with the freeing up of investment flows, these should not become a disguised form of protectionism, Prime Minister Lee Hsien Loong said on Thursday.
He warned that restricting investments unduly will not only damage the multilateral system of trade and investments, it will also cause strategic and great power rivalry.
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