Prime Minister Lee Hsien Loong announced at the 38th Southeast Asian Nations (ASEAN) Summit on Oct. 26 that Singapore will contribute S$7.9 million ($5.9 million) worth of medical supplies to an ASEAN stockpile.
The ASEAN Regional Reserve of Medical Supplies was launched last year as a response to the COVID-19 pandemic and future public health emergencies.
“Singapore fully supports ASEAN’s collective effort to prepare for future public health emergencies. We will contribute S$7.9 million worth of medical supplies to the ASEAN Regional Reserve of Medical Supplies,” Lee announced.
Speaking at a virtual ASEAN summit chaired by Brunei, Lee pushed for the ratification of a free trade agreement between ASEAN and its allies, the Regional Comprehensive Economic Partnership (RCEP).
“The RCEP will boost confidence in regional trade and investment and contribute significantly towards the region’s post-pandemic economic recovery,” said Lee.
Lee also noted that Singapore will be contributing its allocation of the COVID-19 ASEAN Response Fund for procuring vaccines to other member countries and the ASEAN Secretariat.
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