By Admin 
India is going to make 10 important agreements with Singapore. India and Singapore are working towards finalizing about 10 compromise memories regarding technology, connectivity, skill development and digitization in the meeting of ministers of the two countries to be held this week.
Some people who are aware of this case, quoting PTI reported that under the agreement, work is also going on to finalize the ambitious proposal to laying cables under the sea to deliver solar energy from India to Singapore. This process will also provide data connectivity.
Singapore Prime Minister Lawrence Wong can also visit India next month, before that preparations are being made to finalize all these proposals. People familiar with the case said that the third meeting of the Indo-Singapore Ministerial Round Table Conference (ISMR) will be held in New Delhi on August 13, in which preparations will be made for Lawrence Wong’s visit.
It is also proposed to export green ammonia and green hydrogen from India to Singapore, which is being seen as part of the overall approach to further strengthening bilateral relations. Foreign Minister S. Jaishankar, Commerce Minister Piyush Goyal, Finance Minister Nirmala Sitharaman and Electronics and Information Technology Minister Ashwini Vaishnav will meet six ministers from Singapore under ISMR.
In September last year, during Prime Minister Narendra Modi’s visit to Singapore, India-Singapore relations were taken to a widespread strategic partnership level. The meeting between India and Singapore is also expected to discuss the agreements related to skill development, which will be focused on cooperation in areas such as aviation, semiconductor and advanced manufacturing.
The impact of America’s tariff policy and ways to deal with it can also be discussed in ISMR. Sources said that the two countries are working on a scheme with the aim of providing skill development training to around 1,00,000 Indians annually. He informed that Singapore companies will also be discussed in ISMR to increase investment in India.
The first ISMR meeting was held on 17 September 2022 in New Delhi, in which four ministers of Singapore came to India. The second meeting was held on 26 August 2024 in Singapore. Promoting overall trade between the two countries in the upcoming ISMR is also likely to be included in the major agenda.
Singapore is India’s largest trading partner in ASEAN (organization of South-East Asian countries). It is a major source of FDI (FDI).