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Singapore into new phase in economic diplomacy

New exportable services provide greater flexibility and scope in diplomacy

In order to thrive in this new economy, Singapore needs to continue adapting its approach to economic diplomacy and leveraging its strengths in urban policy and technological developments to develop new areas of potential economic cooperation.

AS anti-trade populism continues to rise in Western developed economies such as the United States and the European Union and negotiations on major free trade agreement (FTAs) such as the Trans Pacific Partnership remain at a stalemate, globalisation has become an increasingly unpopular prospect...