SINGAPORE—Prime Minister Nikol Pashinyan has wrapped up his first official visit to Singapore this week. He was received by his Singaporean counterpart Lee Hsien Loong with whom he reviewed the Honor Guard on the tarmac.
On the first day, the Prime Minister signed five treaties. These included an agree
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Sincerely hope that this leads to real economic development between Armenia and Singapore. Singapore has a substantial pool of resources to make investments; they are savvy and successful.
The current trade balance of $ 2.8 million is a mere drop in the bucket.
Good reporting Raffi.
Excellent article Raffi.
All The Best For Your Future Endeavors.
Jackie Injijian.
Born in Yerevan, Armenia in 1958
Living in USA since 1974.
Exposure is the key in economic development. Armenia needs to partner with Singapore and establish a good trade relationship. Besides trade, there are a few more things we can learn from Singapore. When Lee Kuan Yew became the prime minster of Singapore in 1959, in 30 years, he turned one of the most corrupt country in Asia into an economic miracle and made Singapore the most prosperous nation in Southeast Asia. “Today Singapore is a global hub for education, entertainment, finance, healthcare, human capital, innovation, manufacturing, technology etc. Singapore is third least-corrupt country, third-largest foreign exchange market, third-largest financial center, third-largest oil refining and trading center, fifth-most innovative country, and 90% of the population own their own residences.” Perhaps, with such cooperation, with the rule of law, justice and economic liberalization including the mitigation of corruption in Armenia, we can and will become a country like Singapore, if we unite and work together. Mr. Pahinyan. thank you for your vision and cooperation with Singapore.
Anna Hagopyan keeps traveling and has been controlling charitable foundations funds. Pashinyan has been traveling a lot. Both made more trips in one year than previous high officials in years. Hagopyan is a de facto Prime Minister. However what has been done for the Armenian people? Absolutely nothing.
Singapore, one of the world’s most expensive countries to live in, very high income inequality, and where 40% of the population are foreign nationals… Oh yes, Armenia needs to mimic Singapore…
Singapore has been the primary shipping hub in Asia for the last few centuries, only recently taken over by China. At any one time there are 1000 ships in Singapores ports. In the mid-90s when i was there on business there were 90 container ships an hour passing through Singapore’s ports paying high port fees. THAT has put Singapore on the road to economic prosperity. Comparing Armenia to Singapore is something only ignorant people like our prime minister can do. Besides that, Singapore is a soul-less, culture-less nation made up of various minorities that have nothing in common with each other nor with their own ancestry. And Singapore stands as a wonderful demonstration of what a so-called prosporous Armenian diaspora eventually becomes – dissappearance into obscurity.