By Ayushi Agarwal
New Delhi [India], May 27 (ANI): India and Singapore’s efforts and strategic planning have brought the bilateral linkages between them to a new juncture, further opening up with upswing in the trade and investment ties between the resource-rich and resource-dependent countries respectively.
With the recent change of guard in Singapore, the relationship between India and Singapore remains old and vibrant. It has a history of bilateral relationships rooted in shared values, economic opportunities and convergence of interests on key issues.
From economic and technological ties, cultural, people-to-people ties to skills development and digitalisation, the relationship at large has been very vibrant and extensive.
The India – Singapore relations will see a new trajectory in upscaling the bilateral relationship, with the year 2025 marking 60 years of diplomatic relationship between the two countries. Several MOUs or Memorandum of Understanding between India and Singapore are likely to see a forward movement soon.
After two decades at the helm, Lee Hsien Loong stepped down as Singapore’s prime minister and his deputy Lawrence Wong took the hold.
After taking office, Lawrence Wong became Singapore’s fourth prime minister since the country’s independence and its first new premier in 20 years. Notably, Prime Minister Narendra Modi congratulated Lawrence Wong on assuming office as the new Prime Minister of Singapore.
In a post on X, PM Modi wrote, “Warmest congratulations @LawrenceWongST on assuming office as Prime Minister of Singapore.” I look forward to working closely with you to further advance our Strategic Partnership,” he added.
In terms of trade relationships, there has been an upswing in the trade and investment ties between the two countries.
India was Singapore’s 12th largest trading partner and 12th largest export destination in 2023. According to India’s Department for Promotion of Industry and InternalDisclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News
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