Arab Today, arab today australia singapore deepen defence and economic ties
Last Updated : GMT 14:02:48
Arab Today, arab today
Arab Today, arab today

Australia, Singapore deepen defence and economic ties

Arab Today, arab today

Arab Today, arab today Australia, Singapore deepen defence and economic ties

Australia and Singapore
Sydney - XINHUA

A deepening Australia-Singapore relationship is not about containing China's rise in Asia but furthering regional economic integration, Australian Prime Minister Malcolm Turnbull said on Friday as the two sides expand defence and economic ties.

The enhanced strategic partnership, agreed to by both nations this week, seeks to upgrade the bilateral relationship to a similar level Australia enjoys with trans-Tasman neighbour New Zealand, Turnbull told reporters in Sydney.

"This is a massive upgrading of our relationship with Singapore."

With 28.5 billion Australian dollars (21.06 billion U.S. dollars) in two-way trade, the Singapore-Australia Free Trade Agreement signed in 2003 will be comprehensively modernised, including measures to facilitate the development of northern Australia and improved market access for Australian Business in Singapore.

Singapore, Australia's fifth largest trading partner, has also removed restrictions to allow easier movement of human capital between the two markets.

Building on the Comprehensive Strategic Partnership signed in 2015, Singapore will also fund a 2.25 billion Australian dollar (1.66 billion U.S. dollar) expansion of military training facilities in northern Australia to more than double the number of troops on rotation from 6, 000 to 14,000. The land poor city-state has long sent troops for training in Australia and around the region.

Turnbull dismissed speculation the deepening defence ties is a move to curb China's rise in Asia as tensions in the South China Sea increase.

"We've had a close strategic relationship with Singapore for many years and this will be seen around the region as a natural development from the strong relationship we have," Turnbull said.

"One of the things that underlines and underpins peace and security in the region is closer and closer economic engagement."

Australia has been pursuing an aggressive trade agenda within the Asian region in a bid to underpin the region's stability, concluding trade treaties with China, Japan and South Korea, while just recently beginning negotiations with India and Indonesia.

Turnbull said furthering regional economic integration means countries become more dependent on each other, and thus provide incentives for "peaceful collaboration and maintenance of the relative stability we've seen for many years."

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today australia singapore deepen defence and economic ties Arab Today, arab today australia singapore deepen defence and economic ties

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today australia singapore deepen defence and economic ties Arab Today, arab today australia singapore deepen defence and economic ties

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Ryanair's O'Leary: Could ground more planes

GMT 06:49 2017 Friday ,22 September

Ryanair's O'Leary: Could ground more planes
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Huthis stage defiant rally 3 years

GMT 05:29 2017 Friday ,22 September

Huthis stage defiant rally 3 years
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today All eyes on May as she prepares

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes pumps 1 bln euros    

GMT 06:04 2017 Friday ,22 September

Mercedes pumps 1 bln euros    
Arab Today, arab today Intel chips loaded in Waymo

GMT 14:43 2017 Wednesday ,20 September

Intel chips loaded in Waymo
Arab Today, arab today Youssra prepares for launching her  program

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 09:40 2017 Tuesday ,19 September

Actress Ream Hhagag prepares for a new film

GMT 18:09 2017 Thursday ,21 September

China lifts 10-year travel ban

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 18:03 2017 Thursday ,21 September

Alarm over flesh-eating ulcer cases

GMT 07:00 2017 Wednesday ,20 September

A no-frills business success

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday