Singapore-India: A Growing Partnership

Senior Minister Lee Hsien Loong emphasized the growing opportunities for Singapore-India cooperation in trade, skills, and digital green economies, urging Indian businesses to harness these advantages. He highlighted the importance of the Comprehensive Economic Cooperation Agreement and encouraged integration of new arrivals to sustain Singapore's multiracial identity.

Singapore sees expansive potential in enhancing its cooperative ties with India, as highlighted by its Senior Minister, Lee Hsien Loong, recent address to the Indian business community. Given India's rapid growth trajectory, Singapore aims to bolster initiatives in bilateral trade, skills training, and emerging modern sectors like fintech and green economies.

Lee, who led Singapore as Prime Minister for two decades, reaffirmed the significance of the Comprehensive Economic Cooperation Agreement (CECA), a pivotal trade pact enhancing both trade and investment between the two nations. He urged Indian enterprises to capitalize on Singapore's favorable business environment and the evolving opportunities.

The senior minister also addressed pertinent social issues, advocating for the inclusion and integration of migrants into Singapore's social fabric. Despite concerns regarding the growing influx of foreign nationals, Lee underscored the importance of embracing diversity to build a cohesive society.

(With inputs from agencies.)