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Synopsis :

This was a recording of speeches by PM Lee Kuan Yew and PM Yasuhiro Nakasone at the State Dinner held at the Istana.

1) Announcement by MC.
2) PM Lee Kuan Yew's speech at the State Dinner to Welcome Japanese PM Yasuhiro Nakasone held at the Istana:
- PM Lee extends a warm welcome to PM Nakasone and his delegation;
- The deepening relationship between Japan and ASEAN since the 1970s and the increasing inter-dependence of both;
- How Japan and the ASEAN nations managed to weather the 2 oil crisis in 1973 and 1979 better than others;
- The energy-conservation efforts of Japan and the new Japanese focus on knowledge-based industries such as computers, data-processing, communication's, robotics etc.;
- How Singapore has gained from the Japanese experience and expertise, especially in the area of human resource development;
- The Japanese trade with and investment in Singapore and ASEAN;
- How the continued economic progress of East Asia and ASEAN depends on maintaining the balance of security and stability in Cambodia and the neighbouring states;
- The importance of Japan's support for ASEAN's position on Cambodia.
3) PM Lee proposed a toast to the Guest-of-Honour.
4) Speech by Japanese PM Yasuhiro Nakasone (in Japanese with accompanying translation into English):
- PM Nakasone thanked PM Lee for the warm welcome and hospitality extended to him and his delegation;
- PM Nakasone described his favourable impressions of the development and progress of Singapore and especially her clean and green environment and her "Garden City" concept;
- PM Nakasone explained why some members of the Liberal Democratic Party of Japan were envious of the many election victories scored by PM Lee's political Party;
- PM Nakasone described his early days in politics and his political philosophy;
- The world economy and the adverse consequences of narrow-minded policies of protectionism;
- A call to world leaders to re-vitalise the world economy.
5) PM Nakasone proposed a toast to his host.