By Accommodation Times News Services
On Singapore President Tony Tan Keng Yam’s four day visit to India, Prime Minister Narendra Modi and Mr. Yam discussed many strategies to establish partnership between two countries for the development and growth of the countries. The duo announced that a strategic partnership will be established between the two countries later this year.
Both Dr Tan and Mr Modi reaffirmed the warm and longstanding relations between Singapore and India. They had wide-ranging discussions on enhancement of bilateral relations and strengthening of cooperation on regional and international issues to raise our partnership to a higher level. The discussions covered new focus areas that will directly feed into our development process.
These included specific initiatives to develop Smart cities and urban rejuvenation, promote Skill development, measures to Speed up connectivity and coastal and port development, strengthening linkages with the North East of India, projects to Scale up investments in the new development initiatives launched in India and enhancing exchanges with the State of India.
They agreed on sharing of experiences in science & technology, space and other areas to enhance productivity and efficiency as well as broadening cooperation in fighting terrorism. They agreed to further strengthen ties by elevating bilateral relations to a Strategic Partnership, and collaborate in areas such as “Smart Cities” and “Skills Development”.
Prime Minister Modi also noted the good progress of Singapore’s collaboration with Andhra Pradesh on the master plan for the new capital city. Both leaders also had fruitful talks on enhancing aviation and maritime connectivity between Singapore and India.
Singapore’s relations with India have evolved over the years, with economic ties given a boost through the signing of the Comprehensive Economic Cooperation Agreement in 2005.
Singapore is now India’s largest source of Foreign Direct Investment, which amounts to S$7.7 billion. Both sides are now in talks for a second review of the agreement.