George Yeo remembers LKY

There was an interview with George Yeo on CNA yesterday evening on his personal encounters with LKY. There was one particular point that stood out glaringly in a tussle of opinions and interpretation on investment in India. LKY was not in favour, skeptical given the difficulties in that large subcontinent. George was always the optimist, sharing his positive impressions of how great India was as an investment opportunity. And in many occasions LKY dismissed his views and maintained his negative outlook of India.
George claimed that LKY seemed to have been convinced by his feedback and relented, changing some of his reservations about investing in India. That could be the reason why the CECA was signed. The CECA must be George’s and Chok Tong’s pet project as both were deeply involved in the initiative to invest in India in a big way.
 
Did LKY changed his view of India or did George manage to change his view? Read this interview with CNA,
 
‘I remember leading a delegation to India in early 1993. We spent two weeks in India and when we came back the report to the Cabinet was a relatively upbeat one. He was profoundly skeptical. And never failed, afterwards, to send me articles which expressed skepticism about India’s development.
 
But every time I visited India and reported what I saw to him, he listened. So while he had a view his mind was not closed. And gradually I saw how his position shifted, not wildly, and in many cases., he was proven right. Two years later when it was clear that Singapore was making progress in India he said to me over lunch, he said be prepared for a change of government. And a year later he was proven right, even though when he mentioned it to me, it did not seem likely.’
 
Was LKY’s position or skeptism changed? ‘I saw his position shifted, not wildly... Two years later when it was clear that Singapore was making progress in India he said to me over lunch, he said be prepared for a change of government. And a year later he was proven right.’ What has this to do with his skeptism of India’s development?
 
Did LKY give his blessing to the signing of the CECA. Until his departure, LKY had never mentioned a word about investing in India and neither had he said a word about the CECA.
 
The divergence of views of the two men was wide and whether the gulf was narrowed has not been confirmed except for what George has said. My view is that LKY has not changed his view on India and it was left to Hsien Loong and his cabinet to decide as by then he was taking a back seat.
 
History will prove if this CECA is a good and wise decision or a daft one. Would CECA benefit Singapore in the long run or lead to more problems for govt and people to handle? It was a very big and serious decision and the consequences would impact every Singaporean for good or for bad.