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Singapore and India sign agreements for cooperation in semiconductors.

In an effort to further their bilateral collaboration, Prime Minister Narendra Modi and Singaporean counterpart Lawrence Wong signed four memorandums of understanding on Thursday. Development of semiconductor clusters and talent development in semiconductor design and manufacture are among the main areas of concentration of the agreements.

 

Modi was greeted with a red carpet reception at Singapore Parliament House prior to his meeting with Wong. There, he also signed the guest book. Days after Wong assumed office and Modi started his third term as prime minister, the two leaders will meet. After the meetings, the two leaders also observed the exchange of four memorandums of understanding. Modi’s visit, which began on Wednesday, is a significant step towards strengthening India and Singapore’s strategic cooperation. Following Modi’s recent visit to Brunei, Singapore’s Prime Minister, Lawrence Wong, has extended an invitation for this visit.

 

Prominent individuals in Modi’s delegation include National Security Advisor Ajit Doval and Minister of External Affairs S. Jaishankar. Given that Modi last visited Singapore in 2018, the visit is noteworthy. Modi will also visit with a number of businesspeople and leaders in Singapore as part of his tour, with the goal of fostering new opportunities for collaboration and fortifying the two countries’ relationship.