PM Modi: Timely Review of India-Singapore Trade Agreements Ahead
India and Singapore are set to enhance their economic partnership through a timely review of the Bilateral Comprehensive Economic Cooperation Agreement (CECA) and the ASEAN-India Free Trade Agreement, signifying Singapore’s role as India’s largest trade partner in Southeast Asia. Key initiatives include collaboration in the semiconductor sector, establishment of a National Centre of Excellence for Skilling in Chennai, and the inauguration of India’s largest container terminal, the Bharat Mumbai Container Terminal. These efforts are aligned with India’s Act East Policy, focusing on sustainable and technological advancements, and aim to bolster regional stability in the Indo-Pacific through comprehensive economic, maritime, and security cooperation.