The Singapore Business Federation (SBF) said the Trump-Kim summit could help bring lasting peace to North-east Asia. "This will provide crucial conditions for further trade and investments in the economic development of Democratic Republic of North Korea," said its chief executive Ho Meng Kit.
Singapore had trade links with North Korea for many years until last November, said Mr Ho. In 2015, Singapore was North Korea's sixth largest trading partner, with bilateral trade reaching US$29 million (S$39 million). But last year, the total amount of trade between the two countries amounted to just S$700,000.
The SBF has led missions to North Korea in the last decade and Mr Ho said its third and last visit was in 2012, which also included a visit to the Chinese city of Dandong, along the North Korean border.
More at https://tinyurI.com/y8hmkvqn
Singapore had trade links with North Korea for many years until last November, said Mr Ho. In 2015, Singapore was North Korea's sixth largest trading partner, with bilateral trade reaching US$29 million (S$39 million). But last year, the total amount of trade between the two countries amounted to just S$700,000.
The SBF has led missions to North Korea in the last decade and Mr Ho said its third and last visit was in 2012, which also included a visit to the Chinese city of Dandong, along the North Korean border.
More at https://tinyurI.com/y8hmkvqn
