Channel NewsAsia
Updated: 05/09/2013 23:01 | By Channel NewsAsia

Singapore and Portugal reaffirm warm ties

Singapore and Portugal reaffirm warm ties

Singapore and Portugal reaffirm warm ties

LISBON: Singapore has reaffirmed its warm relations with Portugal, following Minister in the Prime Minister's Office Grace Fu's three-day visit to Lisbon.

It was the second leg of her three-stop visit to Europe which ends on Friday.

Ms Fu is accompanied by MP Intan Azura Mokhtar and other officials.

While in Lisbon, Ms Fu had meetings with several Portuguese leaders.

They included her Portuguese counterpart Minister of State and Minister of Foreign Affairs Paulo Portas, Minister of Economy and Employment Álvaro Santos Pereira, and Secretary of State to the Prime Minister Carlos Moedas. 

Ms Fu also met with President of the Foreign Affairs and Portuguese Communities Commission of the Portuguese Parliament Alberto Martins and members of the Commission, and with President of the Portugal-Singapore Parliamentary Friendship Group Dr Basilio Horta and members of the Group.

PSA Singapore has significant investment in the Sines Container Terminal, located 150 kilometres south of Lisbon.

Ms Fu was briefed on the economic reforms undertaken by Portugal to improve its economic competitiveness and generate growth.  

Ms Fu and the Portuguese leaders also expressed satisfaction with the substantive conclusion of the EU-Singapore Free Trade Agreement (EUSFTA) in December last year.

They looked forward to the early approval and ratification of the EUSFTA, which will strengthen bilateral trade and business linkages to the mutual benefit of Singapore, Portugal and the EU.

Ms Fu also attended a business round-table organised by the Portuguese trade and investment agency AICEP Portugal Global. 

The round-table provided a platform to explore new economic opportunities between Singapore and Portugal.  

AICEP Portugal Global encouraged Singapore companies to use Portugal as a springboard to enter Latin American and African markets. - CNA/de

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