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Brussels, 5 September 2011

Statement of President Barroso following a meeting with Prime Minister of Singapore, Lee Hsien Long

The President of the European Commission, Jose Manuel Barroso, met the Prime Minister of Singapore H.E. Lee Hsien Long today. Both leaders expressed their commitment to further deepen the vibrant relationship between the European Union and Singapore, notably through the conclusion of a comprehensive Free Trade Agreement and a Partnership and Cooperation Agreement. President Barroso expressed his confidence that the ongoing constructive negotiations can be finalized successfully very soon.

The two leaders also discussed the situation in the global economy, ahead of the G20 Summit in November. President Barroso briefed on the developments in the Eurozone, stressing the determined measures the European Union was taking to address the sovereign debt issue in some Member States, on the reform of economic governance and on financial sector regulation. The regional situation in South East Asia and the deepening of ties between ASEAN and the European Union were also discussed.

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