Singapore 2024: A new prime minister in saddle, city-state elevates ties with India
Politics

Singapore 2024: A new prime minister in saddle, city-state elevates ties with India

Economist Lawrence Wong, 51, succeeded Prime Minister Lee Hsien Loong, 72, in May after Lee’s nearly two-decade tenure. Both leaders belong to Singapore’s ruling party, which has driven the nation’s economic progress for over five decades.

India and Singapore are set to celebrate 60 years of diplomatic ties in 2025. During Prime Minister Narendra Modi’s visit in September, the two countries elevated their relationship to a Comprehensive Strategic Partnership.

Indian High Commissioner to Singapore, Shilpak Ambule, described 2024 as an “eventful year for India-Singapore relations.” He said strengthening ties would boost India’s economic growth in the future.

The two nations also announced plans to collaborate in the semiconductor industry. India is eyeing major investments from Singaporean companies to advance its economy.

In August, the 2nd India-Singapore Ministerial Roundtable brought together four senior Indian ministers and six from Singapore. They explored opportunities in emerging fields.

“This 4+6 meeting was unprecedented,” said Ambule. “The ministers identified digitalisation, skills development, sustainability, healthcare, advanced manufacturing, and connectivity as key areas for cooperation.”

These initiatives aim to deepen the partnership and create new avenues for mutual growth.