India, Singapore expand economic cooperation |
India and Singapore on September 17 launched a new mechanism headed by their ministers of foreign affairs, finance, and trade to enhance economic cooperation and to initiate new areas for collaboration.The inaugural meeting of the India-Singapore Ministerial Roundtable was held during Singapore deputy Prime Minister Lawrence Wong`s visit to India which began on September 17. External Affairs Minister Dr. S Jaishankar said the two sides held an open and freewheeling discussion on the possibilities and prospects of our ties in the coming decade.The meeting assumes significance as Wong, who also holds the finance portfolio, was named by Singapore Prime Minister Lee Hsien Loong as his new deputy in June, paving the way for him to become the city state`s next leader.Wong is accompanied by a delegation that includes Singapore`s Foreign Minister Vivian Balakrishnan, Trade and Industry Minister Gan Kim Yong, and Minister-in-Charge of trade relations S Iswaran for his five-day visit to India.The Singapore ministers joined Jaishankar, Commerce and Industry Minister Piyush Goyal, and Finance Minister Nirmala Sitharaman for the maiden meeting of the ISMR.
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