経済産業省
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JOINT ANNOUNCEMENT OF THE JAPAN AND SINGAPORE
PRIME MINISTERS AT THE SIGNING OF THE AGREEMENT BETWEEN
JAPAN AND THE REPUBLIC OF SINGAPORE
FOR A NEW-AGE ECONOMIC PARTNERSHIP
(Towards Dynamism and Prosperity for the 21st Century)

  1. We, the Prime Minister of Japan, Junichiro Koizumi, and the Prime Minister of Singapore, Goh Chok Tong, held a meeting in Singapore on 13th January, 2002, and exchanged views and analyses on several issues, in particular on the political and economic situation in the Asian region. Reaffirming our shared responsibility to contribute to the security, stability and prosperity of our region, we discussed candidly how our two nations should work closely to fulfil such responsibility.

  2. We, the two Prime Ministers, looking back at the history of our region, are heartened by the recent positive development that countries in both Northeast Asia and Southeast Asia, once bitterly divided by ideologies reflecting the East-West confrontation under the Cold War, are now coming together. We also welcome the fact that their co-operation with other countries in the world has been enhanced at the same time.

  3. Many difficulties and challenges, however, remain. The sour memory of the Asian financial crisis in 1997 and 1998 is still vivid. Furthermore, the current global recession is threatening the prosperity and growth of our region.

  4. We recognise that the characteristic diligence, vitality and maturity of the peoples in this region must now be mobilised to inspire in us further creativity, technological innovation and entrepreneurship for the purposes of restoring economic vibrancy to this region. This will, in turn, contribute to the prosperity of our two nations.

  5. In this context, we reviewed and re-evaluated the role our two nations should play in the region, and have decided that fresh impetus should be given to the existing close and warm relations between our two nations, by establishing a new framework for partnership.

  6. Cognisant of the dynamism of globalisation and the rapidity of technological progress which have changed the global environment and presented new economic and strategic challenges and opportunities, we affirm the importance of establishing an economic partnership between our two nations to create a larger and harmonised market for Japanese and Singapore businesses, and to institutionalise regulatory and other policy reforms in both nations. This would enhance the attractiveness and vibrancy of our markets.

  7. We are convinced that firmer economic linkages and integration between our two nations will create new opportunities for business, expand economies of scale, and promote stability and predictability for business transactions. We strongly believe that such linkages and integration would play a vital catalytic role in accelerating and promoting sound economic development and closer economic partnership in this region, which is endowed with rich human and natural resources. We are determined to work together to achieve this goal.

  8. We believe that enhancing economic ties between our two nations would strengthen Japan's involvement in and its commitment to Southeast Asia. Such enhanced ties between Japan and Singapore would provide a framework for cementing economic relations between Japan and the other ASEAN countries. This could in turn help ASEAN's efforts to integrate into a common market of five hundred million people.

  9. We recognise that such an economic partnership between Japan and Singapore should include mutual elimination of cross-border trade barriers, facilitation and promotion of investment flows, development of capital markets, exchanges of people, promotion of the use of information and communications technology, and alliances of scientific research institutes, universities, broadcasting houses, as well as of small and medium-sized industries.

  10. We further share the conviction that, in view of the rapidly expanding roles of the private sector in modern economies, such a partnership should not only be established between the two Governments but should also involve a variety of entities outside the Governments.

  11. Bearing all these beliefs and hopes in mind, we are pleased to announce that the signing of the Agreement between Japan and the Republic of Singapore for a New-Age Economic Partnership has just been completed. Concurrently, we are pleased to announce our Joint Statement welcoming a number of partnerships and linkages involving the private sector of our two nations, which have been developed in the course of the establishment of the New-Age Economic Partnership. This Joint Statement also includes our shared views and convictions on specific issues relating to certain parts of the Agreement which has just been signed.

  12. We, representing the Governments and peoples of our two nations, now warmly celebrate the conclusion of this comprehensive and substantive bilateral economic partnership agreement, the first in Asia, at the gateway of the 21st century.

経済産業省 〒100-8901 東京都千代田区霞が関1-3-1 代表電話 03-3501-1511
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