Singapore, Jan. 24 -- DAVOS (Switzerland) * An open global trading system where every country plays by the rules of the game is of great help to a small nation like Singapore, Prime Minister Lee Hsien Loong said on Wednesday.

"If I am arm wrestling one on one, Singapore versus whoever the other side is, chances are the other party is bigger than us," he told a panel on sustaining multilateralism at the World Economic Forum's annual meeting.

To strengthen this system, Singapore is working to maintain domestic support for openness, doing its part to support the World Trade Organisation (WTO) and working with regional groupings to deepen economic integration, he said.

The session, Leading A New Multilateralism, was moderated by Financial...