, Singapore

Singapore's trade with India increased to 42 percent to reach $30.7bn

Singapore-India relations reached a new and higher level when upon signing of the Comprehensive Economic Cooperation Agreement in 2005. 

Mr S. Iswaran, Senior Minister of State, Ministry of Trade and Industry said, Singapore today is India’s largest trading partner among ASEAN countries and also the largest ASEAN investor in India. 

He also said, Singapore and China also share a special relationship, with Singapore as one of China’s key economic partners in ASEAN. The political goodwill and cultural ties between Singapore and China have helped to strengthen our economic partnership. Singapore was also the first country that China signed an FTA with in Asia, in 2008. Bilateral trade between our two countries is robust, rising by 25.9 per cent from 2009 to 2010, to reach $95.3 billion.

Mr S. Iswaran believes that they have a transparent business environment, a stable political climate, and low personal and corporate taxes. The high level of professional services, access to international capital markets, and their well-regarded legal system, makes Singapore an attractive environment for Chinese and Indian businesses to explore collaborations and partnerships. 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.