India, Singapore seek to take bilateral trade to $50 billion

Neha Pal
Posted: Friday, Aug 29, 2008 at 2340 hrs IST
Updated: Friday, Aug 29, 2008 at 2340 hrs IST

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Exports drop by 13.8 pct Delhi Climate Ministerial adopts India's 'proposal...Exports from SEZs set to touch Rs 140k cr India's carpet exports shrink 28% in Aug

New Delhi, Aug 28: Singapore as a business hub in the Asia-Pacific to support their international expansion. Further, it would achieve greater competitiveness in areas such as science and technology, intellectual property rights, and the media, as provided for under the CECA cooperation chapters.

Another major sector that would be taken into the loop and will benefit a great deal by this second phase of agreement would tourism. It is said that the next phase would lead to a close co-operation in tourism sectors of the two countries as it would increase the two-way flow of tourists, businessmen and professionals.

India and Singapore had first initiated the negotiations regarding CECA about five years back. ...

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