○  新加坡总理吴作栋理国庆群众大会演讲  ○

first,beglobal.reachouttonewmarketsinourregionandbeyond.

next,createanenterprisingsingapore.weneedmoresingaporeatostrikeoutinbusine,andbemorereadytotakerisks.

thirdly,bemoreiovative.weshouldlookforourownideas,ratherthanmerelycopyingtheideasofothers.

fourthly,restructureoureconomy,tomakeourexportanddomesticsectorsmorecompetitive.

andlast,enlargeourpoolofhumancapitalandraiseitsquality.

reachingout
   first,reachingouttonewmarkets.

7-hourhinterland
   theaseanregionisimportanttous,eeciallymalaysiaandindonesia.butweshouldnowwidenourhinterland,tobuildupsingaporeasahubforthegreaterasianregion.

withina7~hourflightradiusofsingaporelive2.8billionpeople,withhundredsofmilliointhemiddleincomegroup.wehaveonlyourselvestoblameifwedonotfullyexploittheseoortunities.weshouldregardallthecountriesandcitieswhicharewithin7hoursofflyingtimefromsingaporeasourhinterland.

chinaiswithinthisgreaterhinterland.soisindia,whichalsooffersusgoodgrowthoortunities.indiaisopeningup,thoughnotasectacularlyaschina.itsitindustryeeciallyhasdevelopedremarkablyinthelastfewyears.indialivingabroadarebegiingtoreturntoindia,tostartupcompaniesthere.

freetradeagreements
   ourfreetradeagreementorftastrategyispartofoureffortstoexpandoureconomicace.lastyear,weconcludedanftawithnewzealand.wearenownegotiatingftaswiththeus,japanandaustralia,amongothers.

ftasopenupforeignmarketstocompaniesinsingapore.thiswillbenefitourcompanies,whichmustexporttogrow.ftaswillalsoattractmoreinvestmentstosingapore,becausefactoriesinsingaporewillbeauredofenhancedaccetoimportantmarketsliketheusandjapan.thismeamoreandbetterjoforsingaporea.

inthelastfewmonths,themalaysianmediahasportrayedourftasas"trojanhorses"thatprovide"backdoor"entryforgoodsfromourftapartnerstoentertheaseanmarket,throughtheaseanfreetradeareaorafta.

ourftascaotbea"backdoor".indeed,ifitwerepoibleforothercountriestousesi

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