Singapore, India map out cooperation in manufacturing, digitalisation and skills at 4th ministerial roundtable

Singapore and India have been engaging in talks to enhance cooperation in several key sectors during the 4th India-Singapore Ministerial Roundtable (ISMR). The annual discussion focuses on six pillars of collaboration, including advanced manufacturing, connectivity, digitalisation, healthcare, skills upgrading, and sustainability.

During the meeting, Singapore's Deputy Prime Minister Gan Kim Yong highlighted opportunities for Singapore's small and medium enterprises, particularly those supporting the semiconductor industry, to expand into India. The two countries also exchanged letters of intent on cooperation in the field of telecoms and broadcasting under the digitalisation pillar.

Additionally, they discussed working together to expedite the implementation of Project Nexus, an initiative that allows digital payment to be multilateral, eliminating the need for bilateral agreements between participating countries.

Brief written by urgent.news from Malay Mail's own syndicated text. Machine-written — may contain errors; check the original before relying on it.