All you should know about PM Modi’s Singapore visit


India’s prime minister Narendra Modi was in Singapore recently on a two-day visit to attend a string of regional economic and trade summits in a bid to strengthen India’s ties with ASEAN countries and with the wider Indo-Pacific region.

He attended and held a series of meetings at the East Asia Summit, the Asean-India informal meet and the Regional Comprehensive Economic Partnership (RCEP) Summit. Here are the highlights of his visit.

1. The prime minister participated in a bilateral meeting with US Vice President Mike Pence on the sidelines of the East Asia Summit. Pence and Modi reportedly held discussions on strengthening security partnership and cooperating on counter-terrorism issues.


2. Modi attended the 13th East Asia Summit, which is held annually by leaders of 18 countries in the East Asian, Southeast Asian and South Asian regions including Russia and the United States. He reportedly addressed multilateral cooperation and economic and cultural ties among member nations.


3. PM attended the second meet of Regional Comprehensive Economic Partnership (RCEP) and pushed for an agreement through multilateral and bilateral talks among the member countries. The RCEP is a proposed free-trade agreement between ASEAN and six Asia-Pacific states with which the regional bloc has existing Free Trade Agreements (FTAs) -- namely China, India, Japan, South Korea, Australia and New Zealand.


4. Attending Singapore Fintech festival, he reportedly had many high profile meetings including with Singapore prime minister Lee Hsien Loong.


5. Modi also met Scott Morrison on the sidelines of East Asia Summit. Both the leaders talked on strengthening the ties in trade and investment, and other areas of bilateral cooperation.


6. He also made a call for fintech innovation and opportunities for fintech companies to target India as an investment destination.


7. Modi also launched APIX (Application Programming Interface Exchange), a global fintech platform with Deputy PM of Singapore, T. Shanmugaratnam. He said that the programme will eventually connect our companies to financial institutions across the world.


With inputs from IANS
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