Both the Prime Ministers recalled the agreement to elevate bilateral relations to a CSP during Modi’s official visit to Singapore in September last year.
The CSP would deepen cooperation in eight areas: economic cooperation; skills development; digitalisation; sustainability; connectivity; healthcare and medicine; people-to-people and cultural exchanges; and defence and security cooperation, according to a joint statement issued by both sides during Wong’s official visit to New Delhi.
The road map would include jointly developing sustainable and next-generation industrial parks with advanced manufacturing capabilities; partnering in skills development and capacity building; enhancing collaboration between start-up and small and medium enterprise ecosystems on both sides to facilitate partnerships in the digital domain; and expanding the potential of paperless and secure cross-border merchant and personal payments using the UPI-PayNow Linkage as a foundation.
It would also include stepping up cooperation in ongoing and new areas including green hydrogen and ammonia production and trade; collaborating on green and sustainable initiatives in relevant multilateral frameworks; and setting up an India-Singapore Green and Digital Shipping Corridor.
ALCHEMPro News Desk (DS)
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