Trade and Industry Minister Lim Hng Kiang will be in Russia to sign a Memorandum of Understanding on Economic Cooperation in Special Economic Zones between Singapore and Russia. Under the MOU, Singapore will play an advisory role in the development of SEZs in Russia, as well as share expertise and knowledge in the development of industrial parks in Singapore and overseas.
- The peakoiler in me sees "further economic co-operation" between Russia and Singapore. Watch for an LNG deal in the future.