The visit commemorated 60 years of India-Singapore diplomatic relations, reaffirming the shared legacy of friendship, trust, and mutual respect.
Key Outcomes
Both countries adopted a forward-looking and substantive roadmap for Comprehensive Strategic Partnership (CSP) aims to deepen cooperation in eight critical areas:-
- Economic Cooperation: · Both sides will continue to engage in dialogue and make progress on initiation of the 3rd review of Comprehensive Economic Cooperation Agreement (CECA) and achieve substantial review of the ASEAN India Trade in Goods Agreement (AITIGA) in 2025;
- Supporting India's semiconductor industry, enhance India-Singapore capital market connectivity
- Space: Promote joint collaborations between Indian National Space Promotion and Authorisation Centre (IN-SPACe) and the Office for Space Technology & Industry, Singapore
- Defence and Security Cooperation: Deepening defence technology cooperation in emerging areas like Quantum Computing, AI, Automation, and Unmanned Vessels.
- Reaffirmed strong commitments to combat terrorism, including cross-border terrorism and terror financing.
- Digitalisation: Strengthening of Digital Finance and Fintech cooperation, cybersecurity, and capital market linkages.
- Expanding and maximizing the potential of the UPI-PayNow Linkage for cross-border payments.
- Skills Development: Jointly developing a National Centre of Excellence in Advanced Manufacturing in Chennai, Tamil Nadu.
- Sustainability: Collaborating on green initiatives in multilateral frameworks like the International Solar Alliance and Global Biofuels Alliance.
- Step up cooperation in green hydrogen and ammonia production, exploring urban water management and civil nuclear domain cooperation.
- Connectivity: Supported the establishment of an India-Singapore Green and Digital Shipping Corridor (GDSC) between the Port of Singapore and ports in India .
- Healthcare and Medicine: Deepening collaboration in digital health, disease surveillance.
- People-to-People and Cultural Exchanges: Strengthening social, cultural, and people-to-people linkages.
Both Prime Ministers agreed to institutionalise the India-Singapore Ministerial Roundtable to annually review CSP progress.
