India, Singapore hold Joint Ministerial Committee meet

India, Singapore hold Joint Ministerial Committee meet
November 01
08:12 2017

New Delhi, Oct 31 (IANS) In tune with New Delhi’s Act East Policy, External Affairs Minister Sushma Swaraj and her Singapore Minister of Foreign Affairs Vivian Balakrishnan held the fifth India-Singapore Joint Ministerial Committee Meeting here on Tuesday.

“Expanding our strategic partnership,” External Affairs Ministry spokesperson Raveesh Kumar tweeted, referring to the meeting between the two leaders.

Balakrishnan, who arrived here earlier on Tuesday, will also visit Guwahati on Wednesday where he will meet Assam Chief Minister Sarbananda Sonowal.

The India-Singapore bilateral relationship was elevated to a strategic partnership during the visit of Prime Minister Narendra Modi to the city state in November 2015.

There are five areas of cooperation to enhance bilateral relations: scale up trade and investment; speed up connectivity; smart cities and urban rejuvenation; skill development; and state focus.

Singapore was India’s 10th largest bilateral trade partner in 2016-17 and the second largest among the Association of Southeast Asian Nations (Asean) countries, with a share of 2.5 per cent and 2.6 per cent respectively of overall trade with India.

Bilateral trade expanded after the conclusion of Comprehensive Economic Cooperation Agreement (CECA) from $6.7 billion in 2004-05 to reach $16.7 billion in 2016- 17.

In 2016-17, India’s imports from Singapore totalled $7.1 billion and exports totalled $9.6 billion, a growth of 24 per cent compared to the previous year

Singapore has agreed to set up a skill development centre in the northeastern state.

Related Articles


No Comments Yet!

There are no comments at the moment, do you want to add one?

Write a comment

Write a Comment

Your email address will not be published.
Required fields are marked *

Diplomacyindia.com Editor V N Jha participating in Panel Discussion on Lok Sabha Television

Diplomacyindia.com Exclusive Video : Glimpses from the Argentine National Day

Diplomacyindia.com Exclusive Interview with Ambassador of Slovenia to India, H.E. Mr. Jozef Drofenik speaking on Bilateral Relations and Trade between India and Slovenia

Diplomacyindia.com Exclusive Interview with Ambassador of Slovenia to India, H. E. Mr. Jozef Drofenik speaking on Tourism in Slovenia

Pictures of Formal Launch of Website Diplomacyindia.com

Exclusive Interview with Prime Minister of Guyana, H.E. Mr. Moses Veerasammy Nagamootoo during his recent visit to India.Highlights of the interview were Indian Cultural Connect, Vibrant Bilateral Ties and Cultural Connect and India’s Economic Prowess.

Video Message from Shri Prakash Javadekar, MoS (IC) for Forest, Environment & Climate Change on eve of Formal Launch of Website Diplomacyindia.com

Message from Gen. V K Singh, (Retd.) Hon’ble MoS, External Affairs to Diplomacyindia.com

Facebook Auto Publish Powered By : XYZScripts.com