We were honored to attend the Singapore Embassy in Washington DC for a reception celebrating Singapore’s 54th National Day (celebrated every year on August 9 in Singapore), and the 54th Singapore’s Armed Forces Day (celebrated on July 1st).
An island city-state slightly larger than 3.5 times the size of Washington DC, Singapore has become an economic powerhouse in Asia with a GDP Per Capita having reached $64,567 USD in Dec 2018.
Singapore is today a global financial and digital technology hub presenting significant foreign trade and investment opportunities to the world.
For the US, Singapore has been a long-time trusted ally with which strong economic and military ties that have been forged since Singapore’s independence from Malaysia in the 1960s.
At the reception, the Honorable Ashok Kumar Mirpuri, Singapore's Ambassador to the United States reminded gathered dignitaries and guests that there has been a no better partner to Singapore than the United States.
“For a newly independent country, we looked to the US as a trusted and reliable partner economically, in security terms, and trade and investment, and all these have helped developed our country”, he said. In terms of trade and commerce, he added, “American companies brought capital, expertise, a framework of doing business, rule of law, transparency, the level playing field, and high standards."
We thank Ambassador Mirpuri... who we hosted earlier this year at Global Chamber® HQ for a more detailed discussion. More
Singapore is the first country in Asia that signed the Free Trade Agreement with the US (Singapore Free Trade Agreement, SGFTA) in 2003. Ambassador Mirpuri emphasized the benefits of these bilateral trade relations that have been mutually beneficial with a “very healthy surplus for the United States”. The U.S. goods trade surplus with Singapore was $5.9 billion in 2018.
He also mentioned that significant cross border investment has created jobs in each country.
From the US government, David Stilwell, the Assistant Secretary of State for East Asian and Pacific Affairs, and John Rood, the Undersecretary of Defense for Policy, attended the event and made affirming remarks on the two countries’ strong ties and forward-looking relationship in the economy as well as military.
Unlike typical weather in September for Washington DC, yesterday had temperatures hovering above 95 degrees, that combined with drizzling brought memories of my being in Singapore during our summer two years ago!
Singapore is a country that is safe, transparent, technologically advanced, diverse and globalized. Any company in defense, digital technologies, energy or environment should consider doing business with Singapore, a country that is a global hub port and international maritime center, and that is wide open for business with the world.
Mi Jeong Hibbitts
Executive Director, Global Chamber® Baltimore/Washington
Photo 1 above: Honorable Ashok Kumar Mirpuri, Singapore's Ambassador to the United States and Mi Jeong Hibbitts, Executive Director, Global Chamber Baltimore/Washington
Photo 2, top at left: Noah NEO, First Secretary (Political), Embassy of the Republic of Singapore and Mi Jeong Hibbitts, Executive Director, Global Chamber Baltimore/Washington
Photo 3, 2nd one down at left: Opening remarks by Honorable Ashok Kumar Mirpuri, Singapore's Ambassador to the United States
Photo 4, 3rd one down at left: Dignitaries attended include David Stilwell, the Assistant Secretary of State for East Asian and Pacific Affairs and John Rood, the Undersecretary of Defense for Policy.
Photo 5, 4th one down at left: The event was well attended.
Photo 6, 5th one down at left: Singapore Embassy Courtyard
Photo 7, 6th one down at left: Mi Jeong Hibbitts, Executive Director, Global Chamber Baltimore/Washington and Dr. Charles A. Hibbitts, Senior Space Scientist, JHU-APL