Lee Kuan Yew Exchange Fellowship Visit of Mr Neal S Wolin, Former US Deputy Secretary of the Treasury, 7 to 10 January 2014

LEE KUAN YEW EXCHANGE FELLOWSHIP

VISIT OF MR NEAL S WOLIN

FORMER US DEPUTY SECRETARY OF THE TREASURY

7 TO 10 JANUARY 2014 

    Mr Neal S Wolin, former US Deputy Secretary of the Treasury, is visiting Singapore from 7 to 10 January 2014 as the 41^st Lee Kuan Yew Exchange Fellow.

    Having served from May 2009 to August 2013, Mr Wolin is the longest-serving Deputy Secretary in the US Department of the Treasury’s history.  Mr Wolin was the Acting Secretary of the Treasury from mid-January to late-February 2013 pending Secretary of the Treasury Jack Lew’s confirmation.  Prior to joining the Department of the Treasury in 1995, Mr Wolin was Deputy Assistant to the President and Deputy Counsel to the President for Economic Policy. 

     Earlier today, Mr Wolin called separately on Prime Minister Lee Hsien Loong and Minister for Foreign Affairs and Minister for Law K Shanmugam.  Mr Wolin was also hosted to lunch by Deputy Prime Minister and Minister for Finance Tharman Shanmugaratnam.

     Mr Wolin had good exchanges during the meetings with PM Lee, DPM Tharman and Minister Shanmugam.  Discussions were wide-ranging and covered topics such as domestic developments in the US and the global economic and financial outlook.  They also noted the strong US-Singapore bilateral relationship and the close financial cooperation between the US and Singapore. 

        Mr Wolin will call on Minister for Trade and Industry Lim Hng Kiang on 9 January 2014, and meet with Managing Director Ravi Menon and senior management of the Monetary Authority of Singapore on 8 January 2014.  In addition, Mr Wolin will be speaking at a closed-door session on the medium-term growth prospects for the US economy at the Singapore Management University.

       Established in 1991, the Lee Kuan Yew Exchange Fellowship programme invites outstanding individuals for high-level exchange visits to Singapore.  The Fellows are chosen on the basis of their proven track records or extraordinary potential to contribute to the development of their nations, as well as to promote international understanding and goodwill.

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MINISTRY OF FOREIGN AFFAIRS

7 January 2014