India, Singapore look to start next phase of economic ties
The Dollar Business Bureau India and Singapore look to strengthen their partnership in the areas of infrastructure financing, railways and smart cities development, as they envisage to make progress in the “next phase of economic partnership”. Singapore Prime Minister Lee Hsien Loong is currently on a five-day visit to India. He will hold bilateral talks with Prime Minister Narendra Modi and explore ways to strengthen bilateral trade and investment ties between the two decade-old neighbours. The two countries have enjoyed steadfast bilateral relations for over five decades. Their relations have been given a fillip after the introduction of Comprehensive Economic Cooperation Agreement (CECA), a free-trade agreement encouraging economic and trade activities. “Both sides have been working hard. The objective is really to create a high quality agreement that will be a gateway or the next ...
Connectivity seen as key to increase India-ASEAN trade to $100 billion by 2015
The Dollar Business Bureau | @TheDollarBiz Leaders from India and the Association of Southeast Asian Nations (ASEAN) hope that the India-Myanmar-Thailand Trilateral Highway will pave the way to economic prosperity for over 1.8 billion people in the region and help meet the targeted $100 billion trade between India and ASEAN by 2015 and then double it to $200 billion by 2020. For India, ASEAN is not just at the core of the Look East policy, but also the key to economic prosperity of the North East. In 2012, India and ASEAN leaders fixed the target for ASEAN-India trade at $100 billion by 2015. India has also signed various Trade Agreements including the ASEAN-India Trade in Goods Agreement, the ...
