With a new government in place, Singapore hopes to schedule the Ministerial Roundtable with India shortly, says Singapore Foreign Minister Vivian Balakrishnan
Since 2018, Singapore has been the highest FDI source for India.
But over the last year, investment levels dropped more than 30%
Andhra Pradesh has re-elected Chief Minister N. Chandrababu Naidu, who was responsible for the Amaravati capital city project involving Singapore.
Singapore Foreign Minister said it is important for long-term projects and collaborations to have bipartisan support, to have demonstrable benefits to locals and to have to give investors an assurance that the rules are predictable.
India and Singapore have been doing maritime bilateral exercises called SIMBEX uninterrupted since 1994 — that’s 30 years.
As India’s economic heft increases and its supply chains and trading routes also expand, India will have strategic interest in protecting the waterways (Malacca Straits) and most of India’s interaction with Asia has always been maritime
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