15 hrs ago
India and Singapore Leaders Discuss Strengthening Bilateral Cooperation
India’s Finance Minister Nirmala Sitharaman visited Singapore for three days.
She met Singapore’s president and prime minister.
They talked about how India and Singapore can work more closely together.
They also discussed changes in the world economy and an ongoing energy crisis.
Sitharaman shared news about India and possible investment opportunities.
She also met Singapore’s foreign minister.
He said Singaporean companies have opportunities to take part in India’s long-term growth.
Singapore has been India’s largest source of foreign investment.
Finance Minister Nirmala Sitharaman met Singapore President Tharman Shanmugaratnam and Prime Minister Lawrence Wong on Friday.
The meetings covered advancing the Comprehensive Strategic Partnership and strengthening bilateral cooperation.
Wong said they discussed global economic developments, the ongoing energy crisis, and updates on India and investment opportunities.
Sitharaman also met Singapore Foreign Minister Vivian Balakrishnan, who highlighted opportunities for Singapore companies in India’s long-term growth.
Singapore is India’s largest source of foreign direct investment, with cumulative inflows of about $194.68 billion from April 2000 through March 2026.
- Who
- India’s Finance Minister Nirmala Sitharaman met Singapore President Tharman Shanmugaratnam, Prime Minister Lawrence Wong, and Foreign Minister Vivian Balakrishnan.
- What
- They discussed strengthening bilateral cooperation, economic developments, the energy crisis, and investment opportunities.
- Where
- Singapore.
- When
- Sitharaman’s three-day official visit was October 9–11; the meetings with the president and prime minister took place on Friday.
- Why
- To discuss advancing the Comprehensive Strategic Partnership and expanding cooperation, including investment.
Key facts
- Visitor
- Nirmala Sitharaman, India’s Finance Minister
- Visit
- Three-day official visit to Singapore, October 9–11
- Singapore officials met
- President Tharman Shanmugaratnam, Prime Minister Lawrence Wong, and Foreign Minister Vivian Balakrishnan
- Topics discussed
- Bilateral cooperation, the Comprehensive Strategic Partnership, global economic developments, the energy crisis, and investment opportunities
- Singapore’s investment position
- India’s largest source of foreign direct investment
- Cumulative FDI inflows
- About USD 194.68 billion from April 2000 through March 2026
Quotes
Singapore Prime Minister Lawrence Wong
Singapore’s prime minister, who met Finance Minister Nirmala Sitharaman.
“We had a good discussion on global economic developments and on navigating the ongoing energy crisis. She also shared updates on developments in India and new opportunities for investment and cooperation”
thehansindia.com
“There are many opportunities for Singapore companies to participate in India’s long-term growth prospects. Wishing Minister Sitharaman a very productive visit to Singapore”
thehansindia.com
Sources
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