Piyush Goyal, minister of railways and commerce and industry, said the three Bs- Buddhism, Bollywood and business would hold key to enhance India-Singapore relations.

Speaking at the India-Singapore CEOs forum organised by Ficci, he underlined the need to expand people to people engagement for deepening ties. The minister also pointed out that a forum needs to be set up for women entrepreneurs, for both India and Singapore for sharing of experiences and success stories . The minister stressed on education and skill development being key pillars for strengthening India- Singapore ties.

S. Iswaran, minister for communications and information & minister-in-charge of trade relations, government of Singapore highlighted that there was need for greater engagement between the businesses on both sides. He emphasized on 3Ds- development, diversification and digital Economy for building a partnership that will benefit the two economies.

Last month, in the fifth India-Singapore Defence Ministers Dialogue, Defence Minister Rajnath Singh and his Singaporean counterpart Dr Ng Eng Hen too reaffirmed their commitment to strengthening bilateral ties in the sector.

According to a report by ANI, both ministers expressed satisfaction at the progress of ongoing defence cooperation engagements between the two countries despite limitations imposed by ongoing Covid-19 pandemic. The meeting was held virtually.

The two ministers also held discussions on potential new areas of cooperation. The ministers also witnessed the signing of the Implementing Agreement on Submarine Rescue Support and Cooperation between the Indian Navy and Republic of Singapore Navy.