1 week ago
Piyush Goyal Highlights India’s Push to Deepen Singapore Ties
India’s Commerce and Industry Minister Piyush Goyal visited Singapore to strengthen business ties.
He said India wants to work more closely with Singapore and other Asian economies.
He spoke about India’s economic growth and investment opportunities.
He also discussed the government’s efforts to make it easier for businesses to operate.
Indian farmers and food producers are promoting their products in Singapore.
These products include fruits, vegetables, dairy, rice, millet and organic goods.
The effort could help Indian products reach other ASEAN countries and Australia.
Goyal also discussed financial technology and digital-economy cooperation with Singaporean business leaders.
He took part in a meeting with several Indian and Singaporean ministers.
Piyush Goyal said India is committed to deepening economic partnerships with Singapore and across Asia.
At the India-Singapore Business Forum, Goyal highlighted India’s growth, investment opportunities and efforts to improve ease of doing business.
India is promoting agricultural and processed food products in Singapore to expand access to Singapore, ASEAN and Australian markets.
Goyal discussed cooperation in financial innovation, technology and the digital economy with Sopnendu Mohanty.
Goyal joined Nirmala Sitharaman, S. Jaishankar and Jitin Prasada for the fourth India-Singapore Ministerial Roundtable.
- Who
- Piyush Goyal, Indian ministers and Singaporean officials, business leaders and entrepreneurs.
- What
- India and Singapore discussed deeper economic, trade, food-export, financial-technology and digital-economy cooperation.
- Where
- Singapore, including the India-Singapore Business Forum and an APEDA-FairPrice roadshow and in-store promotion.
- When
- The articles do not specify a date.
- Why
- To expand economic partnerships, strengthen business-to-business collaboration and create more market opportunities for Indian companies and farmers.
Key facts
- Main official
- Piyush Goyal, India’s Commerce and Industry Minister
- Business forum
- India-Singapore Business Forum
- Food products promoted
- Organic products, fresh fruits and vegetables, frozen fruits and vegetables, dairy products, cashews, rice and millet-based products
- Target markets
- Singapore, the wider ASEAN region and Australia
- Financial cooperation
- Discussions covered financial innovation, technology and emerging areas of the digital economy
- Ministerial meeting
- The fourth India-Singapore Ministerial Roundtable
- Other Indian participants
- Nirmala Sitharaman, S. Jaishankar and Jitin Prasada
Quotes
Piyush Goyal
India's Commerce and Industry Minister
“We also exchanged views on how India's dynamic financial ecosystem and Singapore's global financial and technology network offer significant opportunities for greater collaboration.”
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