Economy / Singapore
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A proposal put forth by the Indonesian military, stipulating that it have a say over the frequency and scope of naval exercises held on Indonesia territory, has been rejected by the Singaporean government, and has delayed the ratification of a bilateral defence pact. The two neighbours signed the agreement along with an extradition treaty in April that Jakarta had been seeking from Singapore for several years in order to track down fugitive business executives indebted to the state. Both need to be ratified by their respective parliaments before they come into effect, and with lawmakers in Singapore arguing that the