Singapore PM: Belt and Road Initiative Positive for Asian Countries

Singapore PM: Belt and Road Initiative Positive for Asian Countries

THE CHINA-PROPOSED BELT AND ROAD

INITIATIVE is "positive" for Asian countries,said visiting Singaporean Prime Minister Lee Hsien Loong at a discussion of the Council on Foreign Relations, a non-profit U.S. think tank, in Washington D.C. on Oct. 25.

This is "our view in Singapore, which is shared by many in the region," Lee said.The initiative was a "coherent framework"within which the Asian countries could participate in, he said. "There is a lot of business which needs to be done," he added.

During the discussion, Lee also mentioned that the Asia-Pacific region has prospered by doing business with China as well as with the rest of the world.