Last Tuesday, we witnessed the greatest show on earth of the century in Singapore. US President Donald Trump and North Korea leader Kim Jong Un met for the first time in history between the two countries and negotiated for peace making.
Before the summit, the sovereign city of 5.9 million population went into tension and full-fledged security was tightened up for ensuring no single mistake would be condoned for hosting this global event. No one knew what the outcome would be since the two countries had been hostile towards each other for decades.
Nevertheless, all’s well ends well on this big eventful day and the extreme tension has been released after the iconic figures left on the same evening.
Through the summit, some positive results have been achieved despite some critics cited no detail of denuclearisation is mentioned. On the other hand, the flamboyant behaviour of Trump has surprised the international media for declaring the halt of joint military exercise in South Korea.
According to the media, the actual one-to-one meeting between the two leaders only lasted for a little more than an hour behind closed doors. Some agreements that have been signed mutually cover the halt of US–South Korea military exercise and complete denuclearization in the Korea Peninsula.
In our opinion, this will put the Americans at ease since North Korea has previously declared that their long-range missiles are capable of covering the distance to US continent.
While Trump has won the public compliments of achieving this historic milestone, Kim has also promised the return of the body remains of American soldiers back to US for proper burial.
Comparing the age spread of almost 40 years between the two personalities, market analysts reckon that Kim has a better winning edge for making his first diplomatic trip to the world, other than China previously.
First of all, Kim has won the official status of his equivalence to the rank of US Presidency. Next, this could be the beginning of his farsighted horizon for lifting Korea DPR into future economic development. It was mentioned that Kim has been utterly impressed by the economic development of Singapore and express an interest to further explore the formula of building the country’s growth.
Just like Chinese leader Deng Xiaoping who visited Singapore in 1978, he began to develop his economic plan from 1980 while commencing from the southern party of China that is nearest to Hong Kong port. Since then, Singapore has become a popular spot for foreign investments and tourism spot from the 1980s after Deng said US and Singapore are two places of his wishes before death.
During the Trump-Kim Summit last week, Singapore has become top search in Google’s search engine. After the local Government spent S$20 million in hosting the century event, it is no talent to expect the tourism rate will increase in coming months and more western countries will recognise the unique sovereignty of Singapore as a developed country despite its small population and land size.
In fact, all are winners in this delightful Summit including the neighbouring countries. As usual, worldwide tourists will always hop over to Indonesia, Malaysia and Thailand after visiting Singapore, giving the enriching culture and heritage values in our region. What’s most importance is the peace assurance in our Asean region and the focal development in Korea DPR should it be lifted from the UN sanction.
Dar Wong is a registered Fund Manager in Singapore. The opinions are solely at his own. He can be reached at [email protected].