Singapore Company Registration Service
Hotline: 86-755-82143422 Email: 2355725105@qq.com
Singapore's foreign policy is directed at maintaining a secure environment in Southeast Asia as well as the surrounding territories. An underlying principle is political and economic stability in the region. It has diplomatic relations with more than 180 other sovereign states. As one of the five founding members of ASEAN, the country is a strong supporter of the ASEAN Free Trade Area and the ASEAN Investment Area, because Singapore's economic growth is closely linked with the economic progress of the region as a whole. Former Prime Minister Goh Chok Tong proposed the formation of an ASEAN Economic Community, a step beyond the current AFTA, bringing it closer to a common market. This idea was agreed to in 2007 for implementation by 2015. Other regional organizations are also important to Singapore, and it is the host of the APEC Secretariat. Singapore also maintains membership in other regional organizations, such as Asia–Europe Meeting, the Forum for East Asia-Latin American Cooperation, the Asian Network of Major Cities 21, and the East Asia Summit. It is also a member of the Non-Aligned Movement and the Commonwealth.
In general, bilateral relations with other ASEAN members are strong; however, disagreements have arisen, and relations with neighboring Malaysia and Indonesia have historically sometimes been very strained and difficult. Malaysia and Singapore have clashed over the delivery of fresh water to Singapore, and access of the Singapore Armed Forces to Malaysian airspace. Border issues exist with both Malaysia and Indonesia, and both have banned the sale of marine sand to Singapore over disputes about Singapore's land reclamation. Some previous disputes have been resolved by the International Court of Justice. Piracy in the Strait of Malacca has been a cause of concern for all three countries. Close economic ties exist with Brunei, and the two share a pegged currency value.
The first diplomatic contact with China was made in the 1970s, with full diplomatic relations being established in the 1990s. Since then the two countries have enjoyed a strong relationship, being major players in strengthening the ASEAN–China relationship. Singapore and the United States share a long-standing and strong relationship, in particular in defence, the economy, health, and education. The United States was Singapore's third largest trading partner in 2010, behind China (2nd) and Malaysia (1st). The two countries have a free-trade agreement, and Singapore views its relationship with the United States as an important counterbalance to China's influence. A Strategic Framework Agreement between the two signed in 2005 formalizes security and defence cooperation. Singapore has pushed regional counter-terrorism initiatives, with a strong resolve to deal with terrorists inside its borders. To this end it has given support to the US-led coalition to fight terrorism, with bilateral cooperation in counter-terrorism and counter-proliferation initiatives, and joint military exercises.
ATAHK's services
ATAHK offers investors all over the world one-stop and professional investment advisory and consulting services. Our services range from Singapore company registration to Singapore company follow-up, as well as trademark registration and visa application and etc. For further queries about investment in Singapore, please do not hesitate to contact ATAHK at anytime, anywhere by simply calling China hotline at 86-755-82143422, 86-755-82143512, or emailing to 2355725105@qq.com.