Realising the importance of Singapore as a major financial centre, hub for investments and its growing clout, Germany has invited Singapore in the G20 meetings and the Hamburg Summit in 2017.
The Hamburg Summit in July 2017 will be the twelfth meeting of G20 Heads of State and Government, who will discuss the challenges facing the global economy and the policies to promote strong, sustainable and balanced growth.
“Singapore and Germany enjoy excellent relations and cooperate closely in multilateral fora. As a major financial centre and hub for investments into Asia, Singapore looks forward to contributing to G20 discussions on global financial reforms, the multilateral trading system, employment and digitalisation. Singapore appreciates Germany’s efforts to reach out to non-G20 members.
Singapore will seek to promote stronger engagement between the G20 and the Global Governance Group (3G) as well as the wider United Nations membership,” said Ministry of Foreign Affairs,Singapore in a press release.
It further added “Singapore looks forward to working closely with Germany as the 2017 G20 President, other G20 members, and invited partners, to achieve a successful outcome at the Hamburg Summit and other meetings.”
The G-20 member states are Germany, US, Japan, UK, France, Italy, Canada, Russia, Argentina,Australia, Brazil, China, India, Indonesia, Mexico, Saudi Arabia, South Africa,South Korea,Turkey and the EU.