New Economy Forum

Singapore Sees ‘Complications’ in Taiwan Bid to Join Trade Deal

All applications that meet standards welcomed: Balakrishnan
China has also applied to join deal Trump withdrew from

WATCH: Singapore Foreign Minister Balakrishnan discusses the tensions between the U.S. and China over Taiwan, China applying to join the CPTPP and his thoughts on the situation in Myanmar.Source: Bloomberg

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By Krystal Chia and Shery Ahn

November 18, 2021 at 2:42 AM UTC

This article is for subscribers only.

Taiwan’s bids to join an 11-nation trade pact come with clear “political complications,” Singapore Foreign Minister Vivian Balakrishnan said.

“We would welcome their application in the same way we would welcome any economy that is willing and able to meet those high standards,” Balakrishnan said in a Bloomberg Television interview on Thursday. “Having said that, there are obviously political complications in that respect, and like many of the issues across the straits, again you do need resolution.”