Updated: 06/24/2014 21:08

PM Lee meets with US Commerce Secretary Penny Pritzker



PM Lee meets with US Commerce Secretary Penny Pritzker

Prime Minister Lee Hsien Loong, currently on a working visit to the United States, on Monday met with US Commerce Secretary Penny Pritzker. 

The meeting with Ms Pritzker, who is known to be a big proponent of engagement between the US and ASEAN, focused on the search for fresh Singaporean investment opportunities in the United States. 

Singapore's trade with the US is currently worth more than US$50 billion a year. In 2012 alone, US foreign direct investment into Singapore rose by 17 per cent - higher than US investment flows to Japan and Australia. 

Mr Lee also met with US Treasury Secretary Jacob Lew on Monday afternoon. 

During his trip, Mr Lee will be holding meetings with US politicians to promote negotiations on the proposed Trans-Pacific Partnership. He will also deliver a speech at a reception to commemorate the 10th anniversary of the US-Singapore Free Trade Agreeement (FTA), and speak at the Council on Foreign Relations. 

The Prime Minister's Office (PMO) earlier issued a statement saying the Washington, DC leg of the trip will see Mr Lee attend meetings in the White House and with several Cabinet Secretaries, as well as principal figures in the US Senate and House of Representatives. 

When in New York, Mr Lee - who last visited the US in April 2013 - will meet business and industry leaders, and launch Temasek Holdings' New York Office, according to the statement. 

He is accompanied by his wife Ho Ching, Minister for Manpower Tan Chuan-Jin, Deputy Speaker of Parliament Charles Chong, Member of Parliament Dr Janil Puthucheary, as well as officials from the PMO and the Ministry of Foreign Affairs.

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