Singapore President Tharman Shanmugaratnam said on Thursday that India and Singapore are considering establishing a “renewable energy corridor” in addition to forging closer ties in key areas such as advanced manufacturing and semiconductors. Ta. A “data corridor” between Gujarat’s GIFT City and Singapore is also being considered, allowing financial institutions on both sides to exchange vaults and data, Shanmugaratnam said during his first visit to India as the city-state’s president. He said that it is also being considered. A reliable foundation. During his five-day visit to India, the Singaporean leader held separate talks with President Drupadi Murmu and Prime Minister Narendra Modi, broadly focusing on further expanding bilateral ties in various areas.
Shanmugaratnam told reporters that Singapore and India are now on a “new trajectory” of cooperation, with relations upgraded to a comprehensive strategic partnership during Prime Minister Narendra Modi’s visit to Singapore in September last year. He said he was there.
Regarding the Modi-Shanmugaratnam talks, the Ministry of External Affairs (MEA) said they took a broad look at bilateral relations and discussed ways to strengthen the comprehensive strategic partnership.
The two leaders also exchanged views on regional and global issues of mutual interest, the newspaper said.
“We are exploring new initiatives beyond our existing active relationship. We are collaborating on advanced manufacturing and semiconductors,” said Shanmugaratnam.
He said the two countries are focusing on developing skills for new industries, as well as working on new “generation and net zero” industrial parks.
“In the digital space, we are exploring the possibility of a data corridor between GIFT City and Singapore to enable financial institutions to exchange data on a secure and trusted basis,” the Singaporean leader said.
The visiting leaders said sustainability was a key priority for both India and Singapore. “We are actively working to see if a renewable energy corridor between India and Singapore is possible,” he said.
Mr Shanmugaratnam said: “I am optimistic about our relationship with India. I am optimistic because the leaders of both countries are on the same page. We are natural partners. Singapore will become a developed country by 2047. We have invested in India’s ambition to become
The Singaporean President also referred to how India perceived itself some 60 years ago.
“We will never forget that India was one of the first countries to recognize Singapore’s independence in 1965. And since then, our relationship has grown to breaking point,” he said. Ta.
“This is a natural partnership between Singapore, a small country, and India, a very large country. But we have found a way to cooperate in a mutually beneficial way in all areas.” Shanmu Garatnam said.
“Our business relationship is strong. In fact, Singapore has been the largest investor in India for many years. Our defense relationship is strong,” the Singapore President said.
External Affairs Minister S. Jaishankar called on the President of Singapore on Wednesday evening.
Additionally, Road Transport Minister Nitin Gadkari, Health Minister JP Nadda, Finance Minister Nirmala Sitharaman, Commerce Minister Piyush Goyal, Electronics and Information Technology Minister Ashwini Vaishnau and Skill Development Minister Jayant Chaudhary also addressed the visiting leaders. I called out.
The MEA said in a statement that Thurman’s visit marks the beginning of the 60th anniversary of diplomatic relations between India and Singapore, which has evolved into a “strong and multifaceted” partnership.
To commemorate this special occasion, Murmu and Shanmugaratnam have launched a joint logo.
“Singapore is a key pillar of India’s ‘Act East’ policy and our Indo-Pacific vision,” the MEA said.
“This visit follows an eventful year in India-Singapore bilateral relations, marked by Prime Minister Narendra Modi’s visit to Singapore in September 2024,” he said.