Nirmala Sitharaman in Singapore Oct 9-11 to Boost Trade Ties
Finance Minister Nirmala Sitharaman is on a three-day visit to Singapore from October 9 to 11. The visit aims to deepen trade and investment ties between the two countries.
She will meet President Tharman Shanmugaratnam and Prime Minister Lawrence Wong. Talks with Deputy Prime Minister Gan Kim Yong are also scheduled.
Singapore is one of India's largest sources of foreign investment. Cumulative FDI from the city-state stands at 194.68 billion dollars.
The minister will also address business leaders. Indian companies see Singapore as a gateway to Southeast Asian markets.
Key topics include fintech cooperation, green energy and supply chain links. Both sides want to speed up pending trade agreements.
The visit comes ahead of a busy diplomatic season. India is pushing to attract more manufacturing investment.
Officials say new investment announcements are likely during the trip. The minister returns to Delhi on October 11.
Singapore is India's top ASEAN trade partner. Bilateral trade has grown steadily over the past decade.
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