Prime Minister Narendra Modi is on a two-day visit to Singapore. He was given a grand welcome on his arrival in Singapore on Wednesday. On this day he met Prime Minister Lawrence Wong and discussed many important issues. The second day of his visit is also going to be very important.
PM Modi held delegation level talks with Singapore Prime Minister Lawrence Wong on the second day of his Singapore visit. During this time, PM Modi was accompanied by External Affairs Minister Jaishankar, National Security Advisor Ajit Doval and other senior officials.
During this period, India and Singapore are going to sign several agreements, including an important agreement on creating a semiconductor ecosystem. Over the past few decades, Singapore has made its special place in the global semiconductor value chain. Singapore continues to invest in both hard and soft infrastructure to maintain its position. Singapore’s universities have started special courses for the semiconductor sector.
PM Narendra Modi is on a state visit to Singapore. His visit is taking place on the occasion of the 60th anniversary of the establishment of bilateral relations between the two countries.
Agenda of PM Modi’s visit to Singapore
PM Modi has reached Singapore after six years. Modi’s visit to Singapore is important for India’s Act East Policy. Singapore is India’s biggest trade partner among ASEAN countries. During this time PM Modi will meet business leaders and CEOs of many big companies. During this time regional issues like South China Sea and Myanmar can be discussed.
The Prime Minister’s visit to Singapore is important in terms of trade and investment. Singapore is India’s largest trading partner among ASEAN countries. Singapore is India’s sixth largest trading partner in the world. Singapore is a major source of foreign direct investment (FDI) coming to India. Singapore has an important role in the global semiconductor ecosystem. Singapore has more than 20 years of experience in this field.
Why is Singapore important for India?
At present, India’s entire focus is on the Act East Policy. India launched this policy during the 12th ASEAN-India Summit in November 2014. The aim of this policy is to counter the growing maritime capabilities in the Indian Ocean and to build strategic partnerships in the South China Sea and the Indian Ocean.
China is constantly trying to establish its dominance in the South China Sea. Due to this, there is a constant dispute between China and many countries. China claims some parts of the South China Sea, due to which peace has been affected at the regional level. In such a situation, PM Modi’s visit to Brunei and Singapore is being considered very important under India’s Act East Policy.
Source (PTI) (NDTV) (HINDUSTANTIMES)