Nifty99000 100%

Sensex99000 100%

Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
RSS

News

India, Singapore discuss ties at Joint Ministerial Committee meet

Author: IANS/Wednesday, November 1, 2017/Categories: Government

India, Singapore discuss ties at Joint Ministerial Committee meet

New Delhi - Strategic partners India and Singapore reviewed bilateral ties at the fifth Joint Ministerial Committee meeting here between External Affairs Minister Sushma Swaraj and her Singapore counterpart Vivian Balakrishnan.

The two leaders discussed a wide range of bilateral issues of shared interests and mutual concerns, the External Affairs Ministry (EAM) said in a statement. 

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.

"In particular, they reviewed the upcoming high level exchanges, commemoration of the celebration of the 50th anniversary of ASEAN and 25 years of India-ASEAN dialogue partnership, cooperation in political, defence and security fields, trade and investment, cooperation in tourism and culture, connectivity, and other aspects of partnership," the statement said.

They also exchanged views on issues of mutual interest at regional and multilateral levels, including cooperation at UN and International organisations.

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.

Balakrishnan, who is on a two-day visit to India starting Tuesday, will visit Guwahati on Wednesday to meet Chief Minister Sarbananda Sonowal and witness signing of an MoU to launch a skill development centre being set up in Assam with Singapore's assistance. 

Earlier, referring to the meeting, External Affairs Ministry spokesperson Raveesh Kumar had tweeted: "Expanding our strategic partnership." 

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% and 2.6% 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% compared to the previous year.

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

Print Rate this article:
No rating

Number of views (107)/Comments (0)

rajyashree guha

IANS

Other posts by IANS
Contact author

Leave a comment

Name:
Email:
Comment:
Add comment

Name:
Email:
Subject:
Message:
x

Videos

Ask the Finapolis.

I'm not a robot
 
Dharmendra Satpathy
Col. Sanjeev Govila (retd)
Hum Fauji Investments
 
The Finapolis' expert answers your queries on investments, taxation and personal finance. Want advice? Submit your Question above
Want to Invest
 
 

Categories

Disclaimer

The technical studies / analysis discussed here can be at odds with our fundamental views / analysis. The information and views presented in this report are prepared by Karvy Consultants Limited. The information contained herein is based on our analysis and upon sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred based upon it. The investments discussed or recommended in this report may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent advice, as they believe necessary. While acting upon any information or analysis mentioned in this report, investors may please note that neither Karvy nor Karvy Consultants nor any person connected with any associate companies of Karvy accepts any liability arising from the use of this information and views mentioned in this document. The author, directors and other employees of Karvy and its affiliates may hold long or short positions in the above mentioned companies from time to time. Every employee of Karvy and its associate companies is required to disclose his/her individual stock holdings and details of trades, if any, that they undertake. The team rendering corporate analysis and investment recommendations are restricted in purchasing/selling of shares or other securities till such a time this recommendation has either been displayed or has been forwarded to clients of Karvy. All employees are further restricted to place orders only through Karvy Consultants Ltd. This report is intended for a restricted audience and we are not soliciting any action based on it. Neither the information nor any opinion expressed herein constitutes an offer or an invitation to make an offer, to buy or sell any securities, or any options, futures or other derivatives related to such securities.

Subscribe For Free

Get the e-paper free