Khaleej Times, 11 Apr 2009, Aneela Batool
DUBAI - Singapore’s companies are securing $6 billion worth of business ventures in the Middle East which will further strengthen economic ties between the Asian nation and the region.
Singapore’s acting Minister for Information, Communication and the Arts, Rear Admiral (NS) Lui Tuck Yew said the UAE is a major trading partner of Singapore and there is great potential to further boost economic ties.
“In the Middle East, the UAE is our second largest trade partner after Saudi Arabia. The UAE is an important supplier of oil and a major market for Singapore’s non-oil exports,” he told Khaleej Times on the sideline of a business event held in Dubai recently.
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