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ISSUE 100

INDIA SPECIAL

India-Singapore

Joint Statement Highlights

The Prime Minister of the Republic     Both leaders welcomed the recent      They welcomed the signing of
of Singapore, Lawrence Wong,           second meeting of the India-          an MoU on Digital Technologies,
congratulated Prime Minister           Singapore Ministerial Roundtable      affirming their shared interest in
Narendra Modi on his historic third    (ISMR) in Singapore, which set        data, AI, and cybersecurity. Building
term and expressed confidence in       a forward-looking agenda for          on this, both leaders agreed to
India's continued development and      cooperation under six key pillars.    expand digital collaboration,
its growing international role under   They also emphasised the potential    including cross-border data flows,
his leadership. In return, Prime       for increased collaboration in Green  cybersecurity, and digital system
Minister Modi congratulated Prime      Hydrogen and Green Ammonia            interoperability. Discussions have
Minister Wong on assuming office       and welcomed the partnerships         commenced toward a bilateral
and expressed optimism that, under     already underway between Indian       Cyber Policy Dialogue, with plans
his stewardship, Singapore would       and Singaporean companies in          to renew the MoU on Cybersecurity
continue to thrive as a model of       these areas. To further strengthen    Cooperation between their
economic development.                  collaboration, they directed their    respective Cyber Emergency
                                       teams to develop a cooperation        Response Teams.
The Prime Ministers acknowledged       framework under Article 6.2 of the
the shared history and strong          Paris Agreement.                      They commended the success
friendship between India and                                                 of the UPI-PayNow linkage and
Singapore, built on trust, mutual      Prime Minister Wong expressed         other digital initiatives, including
respect, and extensive cooperation     appreciation for India's decision     ONDC-Proxtera connectivity
across political, economic, security,  to exempt Singapore from the          and TradeTrust, which enables
technological, educational, and        export ban on non-Basmati white       interoperable electronic Bills of
cultural spheres. They reviewed        rice, to which Prime Minister Modi    Lading (eBLs) in Letter of Credit
the progress of the bilateral          affirmed India’s commitment to        transactions. The recent TradeTrust
relationship, which has evolved        supporting Singapore’s food security  live transaction between Singapore
into comprehensive cooperation,        efforts. They also highlighted        and India, a global first for a
and agreed to elevate this to          the importance of Singapore’s         paperless shipping process, marked
a ‘Comprehensive Strategic             participation in the International    a milestone in reducing costs and
Partnership’ to deepen ties further.   Solar Alliance and Global Biofuels    enhancing trade financing. Both
With the 60th anniversary of           Alliance, agreeing that both          countries will expand TradeTrust’s
diplomatic relations approaching       countries could collaborate           adoption to more companies for
next year, they expressed their        further to promote sustainable        similar transactions and explore
commitment to marking this             development.                          collaboration in critical and
milestone by enhancing bilateral                                             emerging technologies.
engagement.

Delegation Level Talks between India & Singapore, led by Prime Minister Shri Narendra Modi with
H.E. Mr. Lawrence Wong, Prime Minister of Singapore

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