Singapore and Latin America seek to grow together
IN a world where protectionism is at the top of the agenda of some governments, Singapore and Latin America have progressively moved towards cooperation and integration.
Visits of delegates from the different economies of Latin America last week prove that both regions are committed to growing together. The delegates came to learn about urban planning, water treatment and other infrastructure areas from Singapore, as well as to pitch for investments and partnerships.
Cuba's Minister of Investment, Rodrigo Malmierca, met Singapore's Minister of Trade and Industry (Trade) Lim Hng Kiang and businesspeople here to discuss possible areas for collaboration. Cuba is seeking foreign investment to diversify and expand its export markets; for access to advanced technologies and foreign financing; and to create new sources of employment and develop new managerial methods. The Caribbean island is looking to change its energy matrix through the use of renewable sources of energy.
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