The second India-Singapore Ministerial Roundtable (ISMR) is scheduled to be held on 26th August 2024 in Singapore. The ISMR inaugural meeting was held in New Delhi in September 2022.
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| 2nd India - Singapore Ministerial Roundtable (ISMR) |
2nd India, Singapore Ministerial Roundtable (ISMR)
The 2nd India Singapore Ministerial Roundtable (ISMR) will be held in Singapore on 26th August 2024.
Commerce Minister Piyush Goyal to participates 2nd ISMR
Union Minister for Commerce & Industry, Piyush Goyal will participate in the 2nd ISMR along with Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman, Minister for External Affairs, Dr. Subrahmanyam Jaishankar and Minister for Railways Ashwini Vaishnaw.
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Commerce & Industry Minister Piyush Goyal will engage with leading global business figures in Singapore, including DBS Bank, Temasek Holdings, OMERS, Keppel Infrastructure, and the Owners Forum.
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The Minister will explore strategies to bolster bilateral trade and investment, capitalising on India's burgeoning market opportunities and its dynamic growth trajectory.
India Singapore Ministerial Roundtable (ISMR)
India Singapore Ministerial Roundtable (ISMR) is a unique mechanism established to set a new agenda for India–Singapore bilateral relations. Its inaugural meeting was held in New Delhi in September 2022. This 2nd meeting will enable both sides to review various aspects of their Strategic Partnership and identify new avenues to further elevate and broaden it.
India and Singapore Bilateral Trade
In bilateral trade, Singapore was the 6th largest global trade partner of India in 2023-24 with a total trade of $35.61 billion which accounts approximately 29% of India’s total trade with ASEAN.
Singapore Major Source of FDI for India
Singapore has been a major source of FDI for India. In the year 2023-24, Singapore was the largest source of foreign direct investment (FDI) for India, with an estimated $11.77 billion in inflows. The cumulative inflow of FDI from Singapore from April 2000 to March 2024 is around $159.94 billion.
Static Current Affairs related to Singapore for upcoming exams
- Official languages: English, Malay, Mandarin and Tamil
- National language: Malay
- President: Tharman Shanmugaratnam
- Prime Minister: Lawrence Wong
- Total Population 2023 estimate: 5,917,600 (113th)
- Currency: Singapore dollar (S$) (SGD)
 to be held on 26th Aug 2024){kind=link}
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