U.S. vice president Kamala Harris’ three-day visit to Singapore includes a roundtable attended by major corporations, including global financial institutions, to discuss supply chain-related matters.
Following remarks that touched on a broad range of topics – China’s presence in Asia, an offering to host the 2023 summit of the Asia Pacific Economic Cooperation Forum and the ongoing crisis in Afghanistan – U.S. vice president Kamala Harris joined a roundtable to discuss supply chain resilience with government officials and major corporations.
Financial institutions present at the roundtable included Singapore’s state-owned investment arm Temasek and Blackrock.
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One of the top matters anticipated from the roundtable is the global shortage of semiconductors, amongst other critical goods.
The Biden administration has sought to increase domestic production but has thus far struggled to alleviate the shortage.
Two weeks ago, Blackrock also made related efforts with the launch of a Dublin-domiciled iShares MSCI Global Semiconductors Ucits ETF (SEMI) which invests in over 200 companies from 15 countries with an ESG focus.
