Singapore is an independent country which separated from Commonwealth and the Federation of Malaysia in 1965 due to racial and economic conflicts. Singapore is one of the fastest growing countries in the late 20th century. Singapore and South Korea are big ten trading partners to each other, so trading between the two countries is active. Using excellent geographical location and a good natural harbor, Singapore has developed trade, finance and tourism industries. Singapore is currently known as one of the most active and busy port city.
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