Shanmugam conveyed the message of Singapore Prime Minister Lee Hsien Loong that the relations between the two countries, which are based on mutual trust, should be made even stronger through a series of concrete steps. (JPN/Agencies)
Mutual cooperation in the fields of skill development, development of smart cities, water management, shipping, port management and coastal development was discussed in depth during the meeting.
Modi on his part said that his government plans a major thrust in low-cost and affordable housing, and sought Singapore`s assistance in construction technology for this purpose.
Observing that Singapore is one of the top tourist destinations worldwide, the Prime Minister made a suggestion that Indian states should hold one-month long special campaigns in Singapore to highlight their tourism potential, during the celebration of the fifty years of relationship.
The meeting was attended by External Affairs Minister Sushma Swaraj, High Commissioner of Singapore to India Lim Thuan Kuan and senior officials from both sides.
Singapore offers to help with Modi’s dream project of building 100 smart cities
Shanmugam met his Indian counterpart Sushma Swaraj earlier on Tuesday during which the two leaders discussed key issues including trade and investment ties and also explored ways to build on Prime Minister Narendra Modi’s theme of ‘smart cities’.
Talking about Modi's dream of skill, speed and scale, the
MEA spokesperson said Singapore has also offered its help for advanced skills training for India's youth.
Singapore has also offered help in Modi's dream project of building 100 smart cities along the key infrastructure projects such as Delhi-Mumbai Industrial Corridor entailing setting up of seven Greenfield Smart Cities between Delhi and Mumbai with three Smart Cities at Dholera, Shendra-Bidkin and Global City to be built by 2019.
The two leaders also discussed riots in 'Little India' district where some 400 migrant workers including Indians went on the rampage after a construction worker was knocked down and killed by a bus in December last year.
Singapore is India's largest trade, investment partner in the ASEAN region.
Economic and commercial ties have expanded significantly, particularly after the conclusion of the Comprehensive Economic Cooperation Agreement in 2005.
As per official data, bilateral trade has grown from USD 8.8 billion in 2005-06 to USD 21.3 billion in 2012-13.
India and Singapore have a close bilateral relationship based on convergence of economic and political interests. The process of economic reforms in India since the early 1990s created a strong basis for cooperation with Singapore, opening up possibilities for significant presence in each others’ economies. For India, Singapore has played an important role in reconnecting it to the countries of South East Asia since the inception of Look East Policy in the early 1990s.
As pluralistic societies, the two countries share similar concern about the challenges posed by terrorism and fundamentalism and have, therefore, found it mutually beneficial to evolve a broad framework of security cooperation.
Framework of the relationship:
Agreements concluded between India and Singapore reflect the breadth of cooperation between the two governments, economies and civil societies.
Key agreements include the Comprehensive Economic Cooperation Agreement (2005), Double Taxation Avoidance
Agreement (1994), Bilateral Air Services Agreement (1968),
Defence Cooperation Agreement (2003), MOU on Foreign Office Consultations (1994) and Mutual Legal Assistance Treaty (2005).
Shanmugam conveyed the message of Singapore Prime Minister Lee Hsien Loong that the relations between the two countries, which are based on mutual trust, should be made even stronger through a series of concrete steps.