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India, Singapore Sign LoI on Green Shipping & Digital Corridor Collaboration

India and Singapore have signed a Letter of Intent (LoI) on Green Shipping and Digital Corridor Cooperation. The Singapore-India Green and Digital Shipping Corridor (GDSC), when established, will enhance collaboration from both countries and help accelerate the development and uptake of zero or near-zero Greenhouse gases (GHGs) emission technologies and the adoption of digital solutions.

india-singapore-sign-loi-on-green-shipping-digital-corridor-collaboration
India, Singapore Sign LoI on Green Shipping & Digital Corridor Collaboration

India-Singapore Sign LoI on Green Shipping & Digital Corridor Collaboration

India and Singapore have signed a Letter of Intent (LoI) on maritime digitalisation (Digital Corridor Collaboration) and Decarbonisation (Green Shipping).

Under the LOI, India and Singapore will collaborate on maritime digitalisation and decarbonisation projects, including identifying relevant stakeholders who could contribute to the effort, and work towards formalising the partnership through a memorandum of understanding on a Singapore-India Green and Digital Shipping Corridor (GDSC).

The LoI Signed By

India and Singapore LoI was signed by R Lakshmanan, Joint Secretary, MoPSW, and Teo Eng Dih, Chief Executive of the Maritime and Port Authority of Singapore.

Key Highlights

The Singapore-India GDSC, when established, will enhance collaboration from both countries and help accelerate the development and uptake of zero or near-zero GHG emission technologies and the adoption of digital solutions.

Read Also: India, Singapore launches UPI-PayNow Linkage

The Singapore-India Green and Digital Shipping Corridor will drive innovation, accelerate the adoption of low-emission technologies, and strengthen digital integration in the sector, allowing us to move India towards realising.

Static Current Affairs related to Singapore for upcoming exams

  • Capital city: Singapore
  • Official languages: English; Malay; Mandarin & Tamil
  • National language: Malay
  • President: Tharman Shanmugaratnam
  • Prime Minister: Lawrence Wong
  • Total Population 2024 estimate: 6,040,000 (113th)
  • Currency: Singapore dollar (S$) (SGD)

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