Introduction of Prime Minister Lee Hsien Loong:
Prime Minister Lee Hsien Loong of Singapore, the third Prime Minister in the country’s history, visited Washington in August 2016. He noted the significant changes in Washington since his last visit, particularly the new administration’s different approach to government and the world.

Importance of US-Asia Relations:
Despite changes in the US administration, the core of US relations with Asia remains unchanged. US economic interests in Asia are substantial and growing, with trans-Pacific trade exceeding trans-Atlantic trade. US multinationals have significant investments in many Asian countries, including Singapore. These economic ties are complemented by strategic and security interests.

US Allies and Interests in Asia:
The US has major allies in Asia, including Japan, South Korea, Australia, and the Philippines. The US also maintains important ties with China, the most significant bilateral relationship in the world. The peace and stability of the Asia-Pacific region are vital to US national security interests.

US Administrations’ Contributions to Asian Stability:
Administrations, both Republican and Democrat, have prioritized and developed American relationships with Asia. The US has contributed to regional stability through its military presence, security focus, comprehensive diplomacy, and economic relationships. This engagement is beneficial as Asia is one of the most dynamic regions in the world economy.

Asian Economies and Global Growth:
While the hype about an Asian century may have subsided, Asian economies remain vibrant and fast-growing. They account for two-thirds of global growth today. Chinese companies like Alibaba and Huawei, and Indian companies like Bharti Enterprises and the Mahindra Group, are becoming world-class multinationals.

Asia’s Growing Economic Integration:
Southeast Asian countries, within ASEAN, will form the fourth largest single market in the world by 2030. Regional Comprehensive Economic Partnership (RCEP), including ASEAN, China, and India, will foster closer economic ties within Asia.

China’s Role:
China’s rapid economic growth has contributed significantly to Asia’s prosperity and integration. China’s initiatives, such as the AIIB and Belt and Road, are welcomed by Asian countries as they address urgent needs for financing, infrastructure, and connectivity. These initiatives also serve as constructive ways to accommodate China’s growing influence in the international system.

US-Asia Relations:
Asian countries seek an open, inclusive regional architecture, avoiding a world divided into rival blocs. They desire continued and enhanced economic ties with the US alongside their deepening regional cooperation. The US withdrawal from the TPP disappointed Asian countries, but they are moving forward with TPP-11. Despite trade issues, America should maintain economic engagement with the region, uphold free trade, and create opportunities for US businesses.

Opportunities for US Businesses in Asia:
Asia offers significant investment and technological gaps that US companies can fill. Growing middle classes in Asia present a growing market for innovative and high-quality US products. US products, such as iPhones, engines, and aircraft, are in high demand across Asia. Services, banking, and IT sectors also offer vast opportunities for US businesses.

Key Questions for the US:
Will the US continue to prioritize interdependence, open exchanges, and multilateral rules? How will the US approach its relations with China, considering China’s growing economic and political influence? Answers to these questions will shape not only Asia’s prosperity but also global peace and security.

Meeting with President Trump:
PM Lee Hsien Loong of Singapore will meet with President Trump during his visit to the US. PM Lee has met President Trump before at the G20 meeting in Hamburg.

TPP and Asia-US Relations:
The Trans-Pacific Partnership (TPP) trade agreement was not ratified by the US, but the remaining countries involved are discussing how to move forward without the US. The TPP was structured with the assumption of significant benefits for both the US and the other participating countries. PM Lee hopes a modified agreement can be worked out, and acknowledges that the new Prime Minister of New Zealand has thoughts on the matter.

Key Message to President Trump:
PM Lee’s main message to President Trump is that Asia is important to the US and vice versa, and that they can work together to mutual benefit. PM Lee emphasizes the need for US policies to be based on political support in America, while also considering the long-term benefits of these policies.

Singapore’s Relationship with the US and China:
Singapore has close relationships with both the US and China. PM Lee believes that both countries are important to Singapore, and that Singapore aims to maintain good relations with both.

Xi Jinping’s Agenda for China:
PM Lee met with the four most senior Chinese leaders during his recent visit to China. Xi Jinping has outlined a comprehensive agenda for China, covering various aspects such as economic growth, social support, environmental protection, anti-corruption, and the continued vitality of the Communist Party of China. These goals are not new, but they have been discussed for some time.

PM Lee’s Path to Government:
PM Lee’s father, the first Prime Minister of Singapore, did not pressure him to enter government. PM Lee initially received a government scholarship and later joined the Armed Forces with his father’s encouragement. He later entered politics after his predecessor, Mr Goh Chok Tong, invited him to do so.

The Motivation Behind Singapore’s Growth:
Singapore’s success was driven by a strong determination to survive and thrive despite facing skepticism and doubts. Unconventional policies were adopted, including allowing multinationals to exploit Singapore’s resources in exchange for job creation, technology transfer, and market access.

Nation-Building through National Service:
National Service created a credible armed force, deterring potential invaders and instilling a sense of national pride and unity among citizens. Serving together with diverse peers transformed individuals’ attitudes toward the country.

High Math Scores:
Singapore’s students consistently achieve exceptional results in math tests. The success is attributed to hard work, parental emphasis on education, and an effective math curriculum that balances drilling with critical thinking. Singapore’s math textbooks have been adopted by other countries.

Lee Hsien Loong’s Mathematical Background:
Lee Hsien Loong was a math student himself but acknowledges that he is no longer an expert and follows mathematical developments as a keen observer.

Gaming Companies in Singapore:
Despite initial controversy, the decision to invite gaming companies to Singapore has been beneficial. It has contributed to the tourism industry and provided employment opportunities.

Singapore’s Legalized Gambling and Its Impact:
Singapore legalized gambling to limit its social impact while generating revenue and economic benefits. A comprehensive resort was established with various attractions, shows, and spin-off activities. Singaporeans pay a $100 fee for 24 hours of access to the casino, limiting the impact on locals while attracting foreign visitors. The result has been a positive impact on jobs, GDP, and revenue, with minimal impact on Singaporeans.

Chewing Gum Ban and Its History:
Lee Kuan Yew, Lee Hsien Loong’s father, was against chewing gum and implemented a ban on its import. The concern was that people were discarding gum inappropriately, such as sticking it under bus chairs and on train doors, causing disruptions. While the ban remains, people smuggle chewing gum into the country.

Singapore’s Attractiveness for Investment:
Singapore offers political stability, a pleasant living environment, a favorable business climate, and a disciplined and cooperative workforce. Its strategic location in the middle of a prospering region allows companies to easily access markets in China, India, Southeast Asia, and Australasia. Singapore is a gateway to the region, not just for its own market but for its connectivity to the broader Asia-Pacific area.

Singapore’s Tourist Appeal:
Singapore’s harmonious ambiance, lack of tension, and thriving community draw visitors. Singapore has a significant American population, with one of the largest American schools in the world.

Indonesia’s Investment Potential:
Indonesia possesses a vast economy, a sizable population, and abundant natural resources. The government is actively attracting infrastructure and natural resource investments to create jobs. Singapore is a significant foreign investor in Indonesia, with substantial investments in various sectors.

GIC’s Success Factors:
GIC is structured as a company, allowing it to operate independently and incentivize talent. GIC strictly adheres to its role as a fund manager, focusing on long-term risk-adjusted returns. The Singapore government safeguards GIC’s autonomy, allowing it to operate free from political influence.

Malaysia’s Reintegration:
Reunification with Malaysia is not a topic of discussion due to significant divergence since their separation 52 years ago.

Japan’s Regional Presence:
Japan maintains a strong economic presence in Asia through investments, MNCs, and banks. In terms of regional influence, Japan’s ODA, foreign aid, and diplomacy are notable. Coordinating the entire Japanese government to operate as a cohesive unit is challenging compared to China.

World War II Animus:
Singapore experienced a public outcry over an exhibition named “Sionan Gallery,” referring to the Japanese occupation name for Singapore. The name was changed due to sensitivities among those who lived through the occupation and others who questioned the glorification of the oppressor.

India’s Growing Presence:
India’s economic growth and Mr. Modi’s policies are expanding its focus beyond the subcontinent. As India’s economy develops, its interest in Southeast Asia is expected to increase, leading to greater interdependence and engagement in the region.

Asia’s Importance to the United States:
Prime Minister Lee emphasizes the significance of Asia for the United States and urges America not to lose its role in the region.

Singapore Airlines’ Reputation:
Singapore Airlines’ excellent reputation stems from its focus on maintaining its online presence and earning its bottom line without government bailouts.

European Leaders’ Request to Purchase Airbus:
European leaders often request that Singapore purchase Airbus aircraft for its airlines, but PM Lee considers these offers based on the quality of the deals.

Pleasures and Challenges of Being Prime Minister:
PM Lee finds joy in contributing to Singapore’s stability, unity, and progress over the past decade. However, the job has become more challenging due to higher expectations, a higher position, and an uncertain global environment.

Children’s Interest in Politics:
PM Lee’s children have not expressed interest in pursuing government or politics, and he believes they need the right combination of temperament, character, and ability to succeed in these fields.

Sightseeing and Dining in Washington:
During his visit to Washington, PM Lee took a walk in Rock Creek Park, admiring the fall foliage, and enjoyed lunch at Shake Shack, as recommended by his children.