Treaties of Singapore - Malaysia-Singapore Points of Agreement of 1990, Trans-Pacific Strategic Economic Partnership (Paperback)

Chapters: Malaysia-Singapore Points of Agreement of 1990, Trans-Pacific Strategic Economic Partnership, United States - Singapore Free Trade Agreement, Southeast Asian Nuclear-Weapon-Free Zone Treaty, Five Power Defence Arrangements, Agreement between New Zealand and Singapore on a Closer Economic Partnership, Straits Settlement and Johore Territorial Waters Agreement of 1927, ASEAN-China Free Trade Agreement, . Source: Wikipedia. Pages: 35. Not illustrated. Free updates online. Purchase includes a free trial membership in the publisher's book club where you can select from more than a million books without charge. Excerpt: Malaysia-Singapore Points of Agreement of 1990 (POA) is an agreement between the Southeast Asian countries of Malaysia and Singapore over the issue of the future of railway land owned by the Malaysian government through Malayan Railways (Keretapi Tanah Melayu or KTM) in Singapore. It was signed by former Prime Minister of Singapore Lee Kuan Yew and former Finance Minister of Malaysia Tun Daim Zanuddin on behalf of their respective countries on 27 November 1990. The implementation of the agreement was deadlocked for many years because of disputes over its interpretation. However, on 24 May 2010, Malaysian prime minister Najib Razak and his Singaporean counterpart Lee Hsien Loong, after a leaders' retreat in Singapore, announced that the two sides had reached an agreement on outstanding issues concerning the 1990 POA, thus breaking the 20-year-old deadlock. Under the agreement, KTM would vacate its station at Tanjong Pagar and move to Bukit Timah while all KTM's land between Bukit Timah and Tanjong Pagar would revert to Singapore. Railway land at Tanjong Pagar would be handed over to a private limited company for joint development of which its equity would be split 60% to Malaysia and 40% to Singapore. The agreement however became one of the major reasons for the less-than-warm relationship between Malaysia...More: http: //booksllc.net/?id=47599