Famous quote by Sellapan Ramanathan

"We are each other's seventh largest trading partner, we are the fifth largest investor there and likewise, we have a lot of exchanges between political leaders, businessmen, tourists and school children too"

About this Quote

In this quote, Sellapan Ramanathan, who was the President of Singapore from 1999 to 2011, stresses the strong and multifaceted relationship between 2 nations, though he does not specify which nations in the provided quote. He highlights numerous key aspects of this bilateral relationship: trade, investment, and people-to-people exchanges.

Firstly, the mention of being each other's "seventh biggest trading partner" highlights a robust and reciprocal financial relationship. This shows significant shared trade that likely encompasses a wide range of goods and services. Remaining in the top ten trading partners shows not only economic reliance to an extent but also recommends a level of trust and cooperation in trade policies and practices. This mutual trade relationship benefits both economies, enhancing their economic resilience and ability to navigate global market variations.

The statement likewise keeps in mind that "we are the fifth biggest investor there", suggesting a strong financial investment relationship. Financial investment flows, such as foreign direct financial investment, play an essential role in economic advancement, task creation, and the transfer of technology and skills. Being a substantial financier indicates that there is confidence in the financial potential customers and stability of the invested country, in addition to shared financial goals.

Furthermore, Ramanathan speaks with the "exchanges in between politicians, business owners, tourists, and schoolchildren". This suggests a deep-rooted relationship that extends beyond economics into the socio-cultural sphere. Political exchanges indicate a diplomatic connection that can cause collaboration on global policies and shared support in global forums. Business people exchanges enhance joint ventures and commercial partnerships. The reference of tourists shows cultural exchanges and people-to-people connection which are essential for constructing good understanding and cultivating goodwill. Lastly, exchanges including schoolchildren highlight the significance of instructional and youth programs, cultivating future generations who can continue nurturing and reinforcing bilateral ties.

Overall, Ramanathan catches the essence of an extensive and dynamic collaboration that leverages various aspects of cooperation to sustain and grow the relationship in between the two countries. The interconnectedness in trade, financial investment, and cultural exchanges ensures an equally helpful relationship that can stand up to difficulties and thrive over time.

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About the Author

This quote is from Sellapan Ramanathan somewhere between July 3, 1924 and today. He/she was a famous Statesman. The author also have 11 other quotes.
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