S’pore, Portugal can boost cooperation in logistics, renewable energy: Portuguese Foreign Minister

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S’pore, Portugal can boost cooperation in logistics, renewable energy: Portuguese Foreign Minister
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People-to-people ties should also be strengthened between the two maritime nations, he said. Read more at straitstimes.com.

SINGAPORE - Amid an uncertain geopolitical outlook, there remains scope for Singapore and Portugal to boost cooperation in logistics and renewable energy, said Portuguese Foreign Minister Joao Gomes Cravinho.

One of them is PSA International’s investment in the port of Sines, located 150km south of capital Lisbon. The PSA terminal, which has been in operation since 2004, is scheduled to complete its latest expansion plan by 2028. Portugal has an advantage of being an early mover in this area – 62 per cent of its electricity already comes from renewable sources, noted Mr Cravinho, a former academic, defence minister and European Union ambassador to India and Brazil.

“When business leaders go to Portugal, they are very often surprised at the opportunities that exist, so we’re keen to do that,” he said, adding that student and research exchanges are also being explored. Both countries are strongly committed to multilateralism, and as maritime nations, have a particular attachment to the United Nations Convention on the Law of the Sea and the resolution of disputes through peaceful means, he said.

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