Well.This is well known that every day,SG imports about 1
million
barrel of oil (bpd).But no body tell u that most of our
chemical
and petrol products are for exports.SG is no.1 bunkering
(fuel
for ships) in the world and a major aviation fuel exporter!!
I think SG consume abt 250,000 bpd only for local
cunsumption.
2.If MM Lee is true,then Japan and oz are not our best
friends...
ppphttp://www.singaporelawwatch.sg/remweb/legal/ln2/rss/legalnews/64452.html?utm_source=rss%20subscription&utm_medium=rss
IP rights, rule of law our competitive edge: MM
Lee
[2009] 20 Oct_BT
Title: IP rights, rule of law our competitive
edge: MM Lee Source: Business Times
Author: Chew Xiang
<!--EndNoIndex-->
Legal News Archive
(SINGAPORE) Singapore's protection of
intellectual property and rule of law will - at least for the time
being - keep it ahead of the Chinese dragon, Minister Mentor Lee
Kuan Yew said last night.
Speaking at a dialogue with university students held at the
National University of Singapore, Mr Lee said China, India, and
possibly Brazil and Russia, were creating a new world order and
that it would not be easy for Singapore to survive.
In the wide-ranging, hour-long discussion, Mr Lee also noted
that Singapore will resist pressure from Japan and Australia to
commit to firm cuts in emissions during the coming climate change
talks in Copenhagen.
'If we have to make such firm commitments to cut down ... then
our growth will slow down, which I think is unfair to us,' Mr Lee
said.
'They say that our emissions per capita is one of the highest in
the world,' Mr Lee said. 'But that includes bunkering, aviation
fuel, which is not all for Singapore Airlines, bunkering which is
not all just for NOL or APL.
'We use as much gas as is available for our power stations but
the Japanese and the Australians want to upgrade us into Category
One where we have to make firm commitments (to cutting
emissions).'
He said that most of the goods produced here were for export,
not domestic consumption. 'We are going to resist that. The
Australians want us brought to Category One so that we have to slow
down economic growth and the Japanese think so too.
'We'll see. But we have prepared all our arguments and it's not
possible to just treat us like an ordinary
country.'................
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ppp