The 4th meeting of the India-Singapore joint working group on Trade & Investment (JWGTI) took place at Vanijya Bhawan in New Delhi on Thursday, bringing the two nations together to strengthen economic cooperation and chart future areas of partnership.
Singapore is India's 6th largest trade partner with a share of 2.9 percent of India's overall trade. Whereas India is Singapore's 12th largest trade partner with a share of 2.3 percent in Singapore's overall trade.
New Delhi [India], June 16 (ANI): Singapore Foreign Minister Vivian Balakrishnan on Thursday said that despite the COVID pandemic, trade between India and Singapore increased by 35 per cent in a year along with Foreign Direct Investment of 30 per cent into India.
Singapore, August 23 (ANI): Last week, the Singapore government presented its plan for relaxing safe distancing rules as well as gradually reopening the country to business travellers and tourists.
Singapore, August 17 (ANI): Last week, Singapore reported that its merchandise trade declined by 15.2 per cent in the second quarter of 2020 compared with a year ago. This follows a 0.5 per cent growth in the first quarter.