President of the Russian Federation His Excellency Vladimir Putin met Prime Minister Lee Hsien Loong today as part of his State Visit to Singapore.
President Putin and Prime Minister Lee reaffirmed the broad-based and long-standing friendship between the two countries as we mark the 50th anniversary of the establishment of diplomatic relations. They took stock of bilateral cooperation in areas such as trade and investment, noting the good progress made over nine sessions of the High-Level Russia-Singapore Inter-Governmental Commission. They welcomed expanding cooperation in innovation, urban transport management and education as well as strengthening cultural ties, including the establishment of a Russian Cultural Centre in Singapore.
Prime Minister Lee thanked President Putin for his support and commitment to conclude a Free Trade Agreement (FTA) between Singapore and the Eurasian Economic Union (EAEU). The leaders agreed that the EAEU-Singapore FTA, when concluded, would further enhance growing regional trade and investment links.
Prime Minister Lee welcomed the elevation of ASEAN-Russia relations to a Strategic Partnership during the ASEAN-Russia Summit earlier in the day. They also exchanged views on regional and international developments.
In addition,President Putin and Prime Minister Lee witnessed the exchange of several agreements. These were a Joint Statement on the Russia-Singapore Agreement on Trade in Services and Investment, signed between the Ministry of Trade and Industry (MTI) and the Russian Ministry of Economic Development; an MOU in the field of Higher Education, signed between the Ministry of Education and the Russian Ministry of Science and Higher Education; and an agreement between Singapore Cooperation Enterprise and theregional Government of St Petersburg to cooperate on the potential development of an urban transport management system.
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MINISTRY OF FOREIGN AFFAIRS
SINGAPORE
14 NOVEMBER 2018
Meeting between Prime Minister Lee Hsien Loong and President of the Russian Federation Vladimir Putin, 14 November 2018
[Photo Credit: Ministry of Communications and Information]
Exchange of the Memorandum of Understanding between the Ministry of Science and Higher Education of the Russian Federation and the Ministry of Education of the Republic of Singapore in the field of higher education by Minister Mikhail Kotyukov and Minister Ong Ye Kung.
[Photo Credit: Ministry of Communications and Information]
