New partnerships need to be built around the world in order to reform and update the global rules-based multilateral system to meet today’s realities, Singapore Prime Minister Lawrence Wong said on Saturday (Nov 22). He was speaking during the first session of this year’s G20 Summit in Johannesburg, South Africa. The session’s theme was on inclusive and sustainable economic growth. "All of these efforts can form the foundations of a more resilient and secure multilateral trading system," Mr Wong told fellow leaders at the Johannesburg Expo Centre. He cited the example of the Trade and Investment Dialogues held two days ago, between the Comprehensive and Progressive Agreement for the Trans-Pacific Partnership (CPTPP) and the Association of Southeast Asian Nations (ASEAN), and also between the CPTPP and the European Union. During the dialogues, issues like trade and investment facilitation, digital trade and supply chain resilience were discussed, said Mr Wong. "In the same regard, we should look at ways in which we can bring the free trade areas and free trade blocs in Africa closer with Southeast Asia and ASEAN," he said. This year's G20 Summit is the first to be held in Africa. https://www.channelnewsasia.com/singapore/lawrence-wong-g20-summit-south-africa-johannesburg-rules-based-multilateral-global-system-5484221 (ICE SINGAPORE)

Fonte notizia: The Straits Times, 22 November 2025