New Delhi: Prime Minister Narendra Modi is set to embark on an official visit to Singapore on September 4 and 5, aiming to further elevate the bilateral relations between India and Singapore. The visit comes just two weeks after a high-level ministerial roundtable between the two nations, signaling a strong commitment to deepening ties.According to the Ministry of External Affairs, the relationship between India and Singapore is on the verge of significant advancement, with new levels of cooperation expected to emerge from this visit. The Secretary East, Ministry of External Affairs, Jaideep Mazumdar, highlighted the importance of this visit, noting that it is particularly significant as it follows PM Modis previous visit six years ago. The focus will be on expanding collaboration, particularly in the semiconductor sector, a crucial area of interest for both nations.Prime Minister Modis plan ahedSingapore stands as Indias largest trade partner within ASEAN and is a key source of Foreign Direct Investment (FDI). In the past financial year alone, Singapore invested $11.77 billion in India, solidifying its position as a pivotal economic partner. Singapore also ranks as Indias sixth-largest trade partner globally.During the two-day visit, Prime Minister Modi is scheduled to address CEOs, offering them a firsthand account of Indias growth story. This interaction with business leaders is expected to be a cornerstone of the visit, underscoring the significance of economic ties between the two nations. With an accumulative FDI of USD 160 billion from Singapore since 2000, the visit aims to further enhance this robust economic relationship.The visit is also strategically timed as Singapore recently welcomed a new Prime Minister, Lawrence Wong, and both nations are eager to set the stage for a vibrant and dynamic future partnership. This visit will mark a pivotal moment in the evolving strategic partnership between India and Singapore, which will be further commemorated in 2025, celebrating 60 years of diplomatic relations.
