India and Singapore on 3rd September 2018, launched the next round of review for their existing free trade agreement with a view to further boost bilateral trade and investments between both the countries.
The free trade agreement review round, officially known as the Comprehensive Economic Cooperation Agreement was launched by Union Commerce and Industry Suresh Prabhu and Singapore Minister of Trade Relations S Iswaran in Singapore.
The free trade agreement review launch signals further deepening of business, economic and trade collaboration between the two countries.
The Union Commerce Minister during his stay in Singapore also participated in the 15th ASEAN Economic Ministers-India Consultations. In the meeting, India reaffirmed the need for the review of ASEAN-India Trade in Goods Agreement.
Currency: Singapore dollar (SGD)
Official Languages: English, Malay, Mandarin, Tamil
President: Halimah Yacob
Prime Minister: Lee Hsien Loong