India, Singapore on ‘new trajectory’ of cooperation: Shanmugaratnam

India, Singapore on ‘new trajectory’ of cooperation: Shanmugaratnam

Shanmugaratnam, on a five-day visit to India, held separate talks with President Droupadi Murmu and Prime Minister Narendra Modi with a broad focus on further expansion of the bilateral ties.

India and Singapore are cooperating in critical sectors like advanced manufacturing and semiconductors as the relations are on a “new trajectory” of growth, Singapore President Tharman Shanmugaratnam said on Thursday.

Shanmugaratnam, on a five-day visit to India, held separate talks with President Droupadi Murmu and Prime Minister Narendra Modi with a broad focus on further expansion of the bilateral ties.

The Singapore president told reporters that a data corridor between the GIFT City in Gujarat and his country is being explored so that the financial institutions of the two sides can exchange data on a safe and trusted basis.