India and Singapore Strengthen Ties in Emerging Sectors
Key Ideas
- India and Singapore reaffirm commitment to enhance collaboration in various emerging sectors including green hydrogen.
- Ministerial Roundtable serves as a vital platform for bilateral cooperation and exchange of views on mutual interests.
- Discussion on bilateral trade and investment with global business leaders to explore investment opportunities in India.
India and Singapore have recently pledged to strengthen their ties in emerging areas during the second meeting of the India Singapore Ministerial Roundtable (ISMR) held in Singapore. The meeting was attended by key ministers from both countries, focusing on areas such as digital connectivity, fintech, green economy, green hydrogen, skill development, and food security. The ISMR serves as a crucial platform for advancing bilateral cooperation and exchanging views on mutual interests. Indian ministers also engaged with Singapore's President and Prime Minister, discussing bilateral trade, investment issues, and collaboration with global business leaders in Singapore. The discussions aimed at exploring investment opportunities in India across various sectors. The first ISMR in 2022 had seen the signing of a FinTech Cooperation Agreement between MAS and IFSCA, reflecting the commitment to enhance collaboration between the two countries.