Singapore spent S$20 million to host the historical summit between US President Donald Trump and North Korean dictator Kim Jong Un. The Summit run perfectly well and will only boost the credential of Singapore as an international centre of meeting and especially VIP reunions in Asia.
Hosting the Trump-Kim summit is giving Singapore publicity and says something about the country’s standing in the international community, Prime Minister Lee Hsien Loong said two days before the meeting was hosted.
Speaking to Singapore media at the International Media Centre ahead of the planned Trump-Kim summit on Tuesday, Mr Lee said: “In terms of direct impact, (hosting the summit) gives us publicity. The fact that we have been chosen as the site of the meeting, we did not ask for it … it says something about Singapore relations with the parties … and our standing in the international community,” he added, reported Channel News Asia.
Singapore Prime Minister added that from Singapore’s point of view, the meeting is important as it sets developments “on a new trajectory, and will be conducive to the stability and security in the region”.
Mr Lee explained to media: “When the two sides asked us to host the meeting, we couldn’t say no. We have to step up and we can. We are capable of doing it, we have put some resources into it, but we can do a good job.”
When asked by a journalist how Singapore was going to recoup the amount, Mr Lee said: “I think if you calculate the price of everything in this world, you will miss out on the really important things. And in this case what is important is that the summit is held and we are hosting it – not extravagantly – but … making sure the operation requirements are met. We will be sure to be cost conscious, and we will also be sure that we will do what is necessary to make this a safe meeting,” he said.
With efficient support, the Summit was a true success and will definitely boost Singapore image internationally. A good financial operation at the end of the day!