• About Us
  • Careers
  • Brand Partnerships
TFI Official Merchandise
TFI English
TFI हिन्दी
Thursday, June 8, 2023
TFIGlobal
TFIGlobal
Right Arm. Round the World. FAST.
No Result
View All Result
  • Premium
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
  • Premium
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIGlobal
TFIGlobal
No Result
View All Result

Singapore joins Japan to slash Chinese tentacles in Mexico and Latin America

Sanbeer Singh Ranhotra by Sanbeer Singh Ranhotra
January 28, 2022
in Indo-Pacific
Reading Time: 3 mins read
0
Singapore Japan China Pacific Alliance
376
VIEWS
Share on FacebookShare on Twitter

Japan has found a new ally to take on China not just in its immediate neighbourhood, but across the world. Singapore has emerged as a power-packed city-state with a strong economy, which is looking to counter Chinese belligerence, aggression, and neo-colonialism across the world. The most recent example of Singapore tightening the screws on China has come in the form of it signing a robust and rather unprecedented free trade agreement with Latin American countries like Chile, Colombia, Mexico, and Peru. Interestingly, these countries also constitute what is known as the ‘Pacific Alliance’.

Just to give you an idea of how significant this development is; together, the ‘Pacific Alliance’ countries form the 8th largest economy in the world. The combined gross domestic product of Chile, Colombia, Mexico, and Peru is more than US$2 trillion. Speaking of the free trade agreement between Singapore and the Pacific Alliance countries, it will enable Singaporean companies to enjoy greater market access to the Pacific Alliance markets, by reducing their export costs so that their goods and services can be priced more competitively.

Also Read

How was BRICS formed and why is it yet to achieve its true potential

Mexico is set to grow at the expense of Canada

Singapore’s Prime Minister Lee Hsien Loong called the signing of the free trade deal and joint declaration a “landmark moment” in Singapore’s partnership with the Pacific Alliance. He added, “Singapore is honoured to be the first Associate State of the Pacific Alliance, and the PASFTA (Pacific Alliance-Singapore Free Trade Agreement) will institutionalise and strengthen the economic links between our countries.”

It is pertinent to note that more than 100 Singapore companies spanning diverse sectors, including trade, technology, and innovation as well as infrastructure do business in Pacific Alliance countries. With the signing of the agreement and the joint declaration, Singapore will become the first associate member of the alliance.

Singapore Joins Japan in Snatching Latin America from Chinese Clutches

China has managed to lure Central American and Caribbean countries with its exploitative economic aid – using which it is colonising them. China is also giving Covid-19 vaccines to its friends in the region, further indebting them in gratitude. China is looking to take blatant advantage of vulnerable nations in the region. It is therefore not surprising that the red rogue country is building 40 ports in the region. According to Politico, China has significant loans with Latin American countries that Beijing uses as political leverage.

Singapore joins Japan in countering growing Chinese influence in Latin America. It was in July 2021 that Japan had begun its Latin American outreach. Back then, former Japanese Foreign Minister Toshimitsu Motegi had visited four countries in Central America and the Caribbean to help the US counteract Chinese influence in Washington’s backyard. These countries were Guatemala, Panama, Cuba, and Jamaica.

Read more: After rattling China on the Taiwan front, Japan begins its assault against China in Central America and Cuba

On the agenda was the top Japanese diplomat’s plan to explain the “free and open Indo-Pacific” concept to the countries he visited. He also offered Japanese support for building high-quality infrastructure and helping with training talent. Separately, former Prime Minister Yoshihide Suga had also held phone conversations with the leaders of six Pacific Island nations – Fiji, Kiribati, Palau, Papua New Guinea, Tuvalu, and Vanuatu – urging them to join Japan’s efforts to achieve a free and open Indo-Pacific area.

In November last year, the Vice President of Colombia had asked Japan to join the Pacific Alliance.

Earlier this month, Japan and Singapore had pledged to maintain the high standards of market access and rules of the Trans-Pacific Partnership free trade deal (CPTPP).

With Singapore’s free trade agreement with the Pacific Alliance, it has paved the way for countries in the region to cut down on their dependence on China, and instead, turn to democratic powers and economic hubs like itself and Japan for business. Together, Japan and Singapore will ensure that beginning with Latin America, China’s nefarious plans are foiled the world over.

Tags: ChinaJapanLatin AmericaMexicoPacific AllianceShort takesSingapore
ShareTweetSend
Previous Post

How China’s Zero Covid policy could end up wiping out a large portion of China’s population

Next Post

Joe Biden is preparing to remove Kamala from VP office and install her in Supreme Court

Also Read

Kuril Islands

Japan will be the biggest casualty of the US-Russia showdown in sea of Okhotsk

May 24, 2023
South Korea Egypt arms deal

South Korea Delivers Knockout Punches to Spain and Japan, Clinches Massive Arms Deal

May 19, 2023
Yoon Suk Yeol

Yoon Suk Yeol has committed the cardinal sin of trusting Joe Biden

May 1, 2023
China crashes the CPTPP Party

China crashes the CPTPP Party

April 16, 2023
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

  • Trending
  • Comments
  • Latest
11th July: The date set by Victoria Nuland for WWIII

11th July: The date set by Victoria Nuland for WWIII

May 31, 2023
Its Official: Biden is waving white flag against Iran

Its Official: Biden is waving white flag against Iran

June 2, 2023
A military emergency could soon be imposed in Europe

A military emergency could soon be imposed in Europe

June 2, 2023
Oh Well, Germany is Planning a War with Russia (Psst… to Win Elections at Home)

Oh Well, Germany is Planning a War with Russia (Psst… to Win Elections at Home)

June 1, 2023
Putin’s Odessa Ambitions are About to Come True

Putin’s Odessa Ambitions are About to Come True

June 1, 2023
How was BRICS formed and why is it yet to achieve its true potential

How was BRICS formed and why is it yet to achieve its true potential

June 8, 2023
An Ursula vs Meloni war has broken out and Meloni seems to be winning this one

An Ursula vs Meloni war has broken out and Meloni seems to be winning this one

June 8, 2023
Macron checks NATO’s advance into the Indo Pacific and we just know why he did that

Macron checks NATO’s advance into the Indo Pacific and we just know why he did that

June 8, 2023
5 things to know about the poorest country in Europe

5 things to know about the poorest country in Europe

June 8, 2023
Is the CIA planning to execute Zelensky?

Is the CIA planning to execute Zelensky?

June 8, 2023
Youtube Twitter Facebook
TFIGlobal
  • About us
  • Contact Us
  • Terms of use
  • Privacy Policy

©2023 - TFI MEDIA PRIVATE LIMITED

No Result
View All Result
  • Premium
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean

©2023 - TFI MEDIA PRIVATE LIMITED

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Follow us on Twitter

and never miss an insightful take by the TFIGlobal team

Follow @tfiglobal
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. View our Privacy and Cookie Policy.