8 key things to know about India-Singapore relations ahead of PM Modi's visit
Sept. 4, 2024, 6:31 a.m.
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As Indian Prime Minister Narendra Modi prepares to visit Singapore today after a trip to Brunei, notable advancements in India-Singapore relations are anticipated. Modi's visit comes at a time when both nations are concentrating on strengthening their partnership across diverse fields.
Here are key points to understand the evolving connection between India and Singapore:
Strengthening bilateral ties
Prime Minister Modi's upcoming trip to Singapore, his first since his initial term in office, is expected to elevate India-Singapore relations. This visit is seen as an opportune moment to enhance the strategic partnership, particularly with Singapore's new leadership.
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The India-Singapore ministerial roundtable has identified new areas of collaboration, including digitalization, sustainability, healthcare, advanced manufacturing, and connectivity. Four Indian ministers participated in the recent roundtable, discussing future-oriented areas of collaboration.
Economic and trade relations
Singapore remains India's largest trading partner in ASEAN and the sixth largest globally. It was the top source of foreign direct investment (FDI) in India last year, with investments totaling USD 11.77 billion.
Focus on new sectors
During Modi's visit, new Memoranda of Understanding (MoUs) are expected to be signed, particularly in sectors like semiconductors. “India-Singapore relations are poised for even greater progress,” said Jaideep Mazumdar, Secretary (East), Ministry of External Affairs.
Strategic and defense cooperation
The two nations have a robust defense cooperation framework and are working towards establishing a joint working group in defense. This endeavor highlights the growing strategic collaboration between India and Singapore.
60th anniversary and strategic partnership\
The visit will also celebrate the 60th anniversary of diplomatic relations between India and Singapore and the 10th year of their strategic partnership. This milestone signifies the depth and evolution of their bilateral ties.
Brunei visit context
Before arriving in Singapore, Modi will make a state visit to Brunei on September 3-4, marking the first bilateral visit by an Indian prime minister to the country. This visit commemorates 40 years of diplomatic ties between India and Brunei.
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Singapore plays a pivotal role in India's 'Act East' strategy and its vision for the Indo-Pacific region. Modi's visit is anticipated to enhance cooperation in defense, trade, energy, and other sectors, emphasizing the strategic importance of this partnership.