India and Singapore on 4 October 2016 signed three Memoranda of Understandings (MoUs) agreements during the visit of Singapore Premier Lee Hsien Loong to India.
Highlights of the MoUs
S.No | Title of MoU | Signed Between |
1. | MoU on collaboration in the field of Technical and Vocational Education and Training. | National Skill Development Corporation and ITEES Singapore. |
2. | MoU on collaboration in the field of Technical and Vocational Education and Training. | Government of Assam and ITEES Singapore. |
3. | MoU in the field of Industrial Property Cooperation. | DIPP and Intellectual Property Office Singapore. |
India-Singapore Bilateral Relations
The close ties between India and Singapore have a history rooted in strong commercial, cultural and people-to-people links. Singapore is not only an important trading partner in ASEAN but also a major source of FDI inflows in India.
The robust relationship was elevated to a Strategic Partnership during the visit of PM Narendra Modi to Singapore in 2015 who signed a Joint Declaration on a Strategic Partnership with Singapore PM Lee Hsien Loong. Later, Singapore's President Tony Tan Keng Yam undertook a State Visit to India on 8-11 February 2015 on the occasion of the 50th anniversary of the establishment of diplomatic relations.
India is Singapore’s eight largest investor. India-Singapore bilateral trade accelerated to USD 17.44 billion in 2010-11 from USD 14.04 percent in 2009-10.
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