Singapore’s Lee Urges APEC to Help Firms Embrace Digital Trade
- Prime minister calls on bloc to ensure workers make transition
- Singapore forging digital economy deals with range of nations
Lee Hsien Loong
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Singaporean Prime Minister Lee Hsien Loong said the Asia-Pacific Economic Cooperation bloc should extend its scope to cover the digital economy, warning that smaller companies in the 21-member grouping risk falling behind the rest of the world.
Speaking Thursday during the APEC CEO Summit virtually hosted by New Zealand, Lee said that countries need to do more to invest in digital frameworks while also identifying a common set of related development goals as the basis for global cooperation.