New Delhi, June 1: Prime Minister Narendra Modi will hold delegation-level talks with Singaporean counterpart Lee Hsien Loong on Friday .During his meeting with Prime Minister Lee, Modi is expected to discuss Singapore’s reservations against joining the India-US-Japan-Australia quadrilateral.
Both the countries will sign and exchange a number of MoUs and the leaders will hold a joint press conference.
On the second day of his three-day visit to Singapore,Modi will be addressing the 17th International Institute for Strategic Studies Shangri-La Dialogue as the keynote speaker on Friday at 5.30 pm.
The prime minister will also meet Singapore president Halimah Yacob .
Prime Minister Narendra Modi was accorded ceremonial welcome at Istana, the official residence of the President of the Republic of Singapore on Friday.Prime Minister Modi called on Singapore President Halimah Yacob.
The Shangri-La Dialogue will be a platform to articulate regional security issues. The Prime Minister is expected to speak on India’s views on peace and security in the Association of South East Asian Nations (ASEAN) region and India’s role in the region.Modi had stated, “It would be an opportunity to articulate India’s point of view on regional security issues and maintenance of peace and stability in the region.”
Defence ministers, military chiefs and top officials from more than 40 countries will attend the event.After the keynote address, a working dinner would be hosted by Prime Minister Lee for all dignitaries.In a statement last week, the Ministry of External Affairs (MEA) Secretary (East) Preeti Saran said that Singapore is the second largest source of investment in India, accounting for 16 percent of total Foreign Direct Investment (FDI) in India.
“Between 2000 and 2017, over 8000 Indian companies registered in Singapore and our bilateral trade with Singapore is USD 16 billion accounting for 20 percent of India’s trade with the ASEAN region. Singapore companies have become major partners in areas like urban development and planning, Smart Cities and infrastructure development including sports, aviation, industrial parks and logistics,” Saran added.