September 05, 2012
U.S. Ambassador to Singapore Visits UCLA Anderson
Discusses major improvements among U.S. and Singapore relations
LOS ANGELES -- UCLA Anderson Center for Global Management recently hosted a visit to UCLA by U.S. Ambassador to Singapore, The Honorable David Adelman. His visit included a meeting with UCLA Anderson Dean Judy Olian, UCLA's Chancellor Gene Block and a roundtable discussion with faculty and professors from UCLA Anderson and main campus. It concluded with a private dinner with students from the school's Global Executive MBA (GEMBA) for Asia-Pacific program who met Ambassador Adelman and heard his discussion on the current relationship between the United States and Singapore. (The GEMBA Asia Pacific program is a collaborative, dual degree partnership between UCLA Anderson and the national University of Singapore.) Ambassador Adelman highlighted the major accomplishments involving security, trade and investment that have emanated from his office since his arrival in Singapore.
"U.S. investment in Singapore is at a level greater than ever before in history," Adelman said. "Direct foreign investment is now up to $116 billion. That's twice the U.S. investment in China, five or six times the U.S. investment in India and more than all the investment in Africa and other countries in South East Asia combined."
According to Adelman, collaboration between the two countries on issues of security and defense has progressed significantly since he took office in April 2010. He said that Singapore accepted the forward deployment of two United States Navy vessels, called littoral combat ships (LCS), an action first announced in January 2012. The first of these leading-edge, high-tech assets from the naval fleet will arrive in Singapore in March 2013, and the others later in the year. The ambassador highlighted this as an important development, as these vessels are especially equipped to provide humanitarian aid and disaster relief to South East Asia.
Adelman also explained how the growth of U.S. trade surplus, with increases in U.S. exports to Singapore and South East Asia, jointly benefits both countries. The relationship between U.S. and Singapore has produced thousands of additional jobs over the past 15 months and contributed to the American economic recovery. In addition, U.S. firms are employing hundreds of thousands of Singaporeans as a result of the very hospitable climate that has been established.
He further touched on the increasing efforts to promote regularity and institutionalization to the educational exchanges with Singapore. Currently there are 4,000 Singaporean students studying in the United States and 400 American students studying in Singapore.
The ambassador's international involvement is not limited to Singapore; he has been at the core of leading trade missions to India, Malaysia and Vietnam. Most recently, he lead the first American trade mission in history to Naypyidaw, the capital of Burma, and was responsible for releasing trade sanctions, which allows Coca-Cola to distribute its products in the country for the first time.
The ambassador encouraged the students to have the businesses they work for and strategies that they execute for shareholders, customers and employees touch Singapore and South East Asia in some way.
The event was hosted by the Center for Global Management (CGM), a privately funded center at UCLA Anderson that serves as the focal point for advancing the school's global agenda and as the coordinating mechanism for UCLA Anderson's global programs and activities.
The UCLA-NUS Global Executive MBA for Asia-Pacific class of 2012 celebrated their commencement Saturday August 25, 2012.
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