Minister for Trade and Industry (Industry) Mr Iswaran has made a statement that Singapore is a gateway for businesses in the ASEAN countries and India to reach each other. He was speaking about that at the annual event to commemorate the 25th anniversary of partnership between the bloc and India was held at the Sands Expo and Convention Centre at Marina Bay Sands.
Singapore and India, as well as its neighbours in the region, has strong historical connections. India and the ASEAN countries are interrelated by fundamentals principles such as demographics, the economy or the population, but continue to present opportunities for investment and growth – and Singapore has always been a strong supporter of greater engagement between the two regions.
Mr Iswaran highlighted spheres that the ASEAN countries and India can focus on, such as infrastructure, startups and innovation, e-commerce and the digital economy.