Prime Minister Stefan Löfven on virtual visit to Singapore
On Monday 29 March, Prime Minister Stefan Löfven is on a virtual visit to Singapore.
The visit includes talks with Prime Minister of Singapore Lee Hsien Loong, an event to promote international sustainable investments in Sweden and a meeting with world-leading Swedish enterprises in Singapore and South-East Asia.
The aim is to strengthen bilateral trade and investment exchange between Sweden and Singapore as part of building more sustainable and resilient societies after the pandemic. Cooperation areas such as smart cities, 5G, technical solutions for financial services, health and medical care of the future, and artificial intelligence are some of the topics up for discussion.
“I look forward to my virtual visit to Singapore and discussions with Prime Minister Lee, the world-leading enterprises on the ground and various investors. An important part of building sustainable and resilient societies after the pandemic is strengthening the green trade and investment exchange. Sweden and Singapore have strong common interests in this area,” says Mr Löfven.
Singapore is an important financial and commercial hub in South-East Asia. There are currently more than 200 Swedish enterprises in the country. In addition to the close collaboration between industry and trade, Singapore’s importance as an investor in Sweden in both enterprises and through funds has grown in recent years. The exchange is of great importance for jobs, enterprises and growth in Sweden, such as 5G contracts for Ericsson and purchases of buses and transport vehicles from Volvo and Scania.
Regional developments, including the very troubling situation in Myanmar, democracy issues, joint support for free trade and multilateralism – including in the framework of the collaboration between the EU and the regional organisation ASEAN – will also be discussed.