Singapore has built food resiliency with buffer stocks and diversified sources to cope with disruptions: PM Lee

  • 📰 TODAYonline
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 99%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

TOKYO — Singapore has been building its food resiliency with buffer stocks and by diversifying its sources, so that it can cope when any single source is disrupted, said Prime Minister Lee Hsien Loong on Friday (May 27).

and by diversifying its sources, so that it can cope when any single source is disrupted, said Prime Minister Lee Hsien Loong on Friday .

Mr Lee also said that a country can seek redress at the WTO if any rules have been violated, but this will be a long process — and securing the supply of food is an immediate urgency. In response, Mr Lee said economic engagement between the US and the region, and China and the region, should both very much be encouraged.

When asked to elaborate on this, Mr Lee said countries must work together to secure collective security, but in Japan’s case, this is “particularly sensitive because of the war history”. Mr Lee also said that in Southeast Asia, the relationships are “progressing”, but in Northeast Asia, Japan’s relationship with Korea is “difficult” — even more so with China.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Is this food resiliency is for real. Then there should not be any food price increases during this period when we cannot get any chicken from Malaysia. Else, think we should all billed the PMO, no?

But is the price we will be paying

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines