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US-Singapore outline ‘smart’ maritime plan

US-Singapore outline ‘smart’ maritime plan

US President Barack Obama (R) listens as Singapore?s Prime Minister Lee Hsien Loong  speaks to the media before their bilateral meeting in the Oval Office at the White House in Washington, DC, on April 2, 2013. The US said on April 1 that it anticipated further military cooperation with Singapore as Washington presses forward its strategy of putting a greater focus on dispute-ridden Asia. AFP PHOTO/Jewel Samad        (Photo credit should read JEWEL SAMAD/AFP/Getty Images)

President Barrack Obama via the US White House has released a joint statement with the Prime Minister of the Republic of Singapore, Lee Hsien Loong, outlining, amongst other major areas of cooperation, how they intend to strengthen their trading and maritime relationship with the development of smart cities.

A statement read: “The US-Singapore economic and commercial relationship provides a model to the world for how open markets and fair trade practices increase prosperity and drive innovation.

“Our shared economic priorities embrace trade liberalisation, market reform, trade security, capacity building, innovation, entrepreneurship, climate change mitigation, clean energy, intellectual property protection, fair labor practices, and cyber security.”