26/01/2020
CECA = Comprehensive Economic Cooperation Agreement
FTA = Free Trade Agreement
We, Singapore invest in India and their infrastructure projects.
We, Singapore, allow 127 professions easier access into Singapore.
What that means is, we employ Indian nationals, for example DBS operating in India or companies in Singapore employing Indian Nationals to work in Singapore.
So really what the PAP government has done is, sign us up to an agreement to provide employment for Indian nationals across 127 professions in return for Singapore to invest in India.
We invest in them, we also employ their people.
Now where is the benefit for Singapore!?
What benefit do Singaporeans enjoy from this agreement!?
Little? To none!?
As the good old saying goes, "what is in it for us"? How does it benefit us? Singapore as a country & Singaporeans as a people?
The despicable, sad, bad and horrible truth could be, that there are no benefits to us!
As our PAP government could have screwed up big time by signing CECA & other FTA deals world wide.
Look at the background knowledge & core experience & expertise of PAP Ministers who signed us up to these agreements.
Army Generals, top Bureaucrats, civil servants. Virtually none of these people have business or trade background. They are no Donald Trump when it comes to doing a deal or making a deal!
They are like fish out of the water!
They have no business, economics, finance or trade practical background or skills apart from the textbook!
It is no wonder we are partially solving the unemployment problems of people from countries such as China, India, Philippines, Malaysia, Myanmar & Thailand while making our own Singaporeans unemployed, under employed and their salaries & wages, depressed & stagnated!