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Times of Oman
7 days ago
- Business
- Times of Oman
Singapore ministerial delegation arrives in Delhi for India-Singapore Ministerial Roundtable
New Delhi: Singapore's Deputy Prime Minister Gan Kim Yong, Finance Minister Vivian Balakrishnan and a Ministerial delegation from Singapore arrived in New Delhi for the 3rd India-Singapore Ministerial Roundtable (ISMR) on Wednesday. Sharing pictures of the Singapore leaders' arrival, Ministry of External Affairs spokesperson Randhir Jaiswal wrote on X, "A warm welcome to DPM Mr. Gan Kim Yong, FM @VivianBala and the Ministerial delegation from Singapore as they arrive in New Delhi for the 3rd India-Singapore Ministerial Roundtable (ISMR)." "ISMR, a unique mechanism, continues to strengthen the India-Singapore Comprehensive Strategic Partnership," he added. On Wednesday, Balakrishnan will take part in the 3rd India-Singapore Ministerial Roundtable (ISMR) at Hyderabad House, starting at 9:50 am, followed by an official photo session. Later that day, he will call on the President of India at Rashtrapati Bhavan, where another official photo opportunity is planned. This visit coincides with the third India-Singapore Ministerial Roundtable (ISMR), which will be held in New Delhi on August 13, marking an important ministerial-level platform to drive cooperation in new and emerging areas between the two countries, according to an official statement by the Ministry of Foreign Affairs (MFA) in Singapore. The third ISMR will review the progress made since the second roundtable held in Singapore in August 2024 and identify new growth opportunities to deepen bilateral collaboration, the statement added. Leading the Singapore delegation is Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong. The delegation also includes Coordinating Minister for National Security and Minister for Home Affairs K Shanmugam, Minister for Foreign Affairs Vivian Balakrishnan, Minister for Digital Development and Information Josephine Teo, Minister for Manpower and Minister-in-charge of Energy and Science and Technology Tan See Leng, and Acting Minister for Transport and Senior Minister of State for Finance Jeffrey Siow. The Indian delegation comprises Minister of Finance and Corporate Affairs Nirmala Sitharaman, Minister of External Affairs S Jaishankar, Minister of Commerce and Industry Piyush Goyal, and Minister of Electronics and Information Technology, Railways, and Information and Broadcasting Ashwini Vaishnaw.


Zawya
12-08-2025
- Business
- Zawya
Jordan: Investment minister, Uzbeki counterpart discuss boosting trade, investment
AMMAN — Minister of Investment Tareq Abu Ghazaleh on Monday met with a ministerial delegation from Uzbekistan, headed by Minister of Investment, Industry and Trade Laziz Kudratov, to discuss boosting bilateral ties and expanding economic and investment cooperation. Abu Ghazaleh expressed Jordan's pride in its relations with Uzbekistan, highlighting the significant potential for cooperation in key sectors, including IT, tourism, healthcare, pharmaceuticals, mining, textiles and public-private partnership (PPP) projects, according to a statement to JT. He noted that trade exchange between the two countries reached $6.9 million in 2024, with Jordan's exports comprising pharmaceuticals, machinery and chemical products, while imports from Uzbekistan included copper, fruits, nuts and cocoa products. He also stressed both sides' aspiration to increase the volume of trade in the coming years. The two countries signed an economic and trade cooperation agreement in 1996, adding that negotiations on a bilateral investment promotion and protection agreement are in their final stages. Abu Ghazaleh also outlined Jordan's Economic Modernisation Vision, which seeks to attract over JD 41 billion in investments, supported by recent legislation, foremost among them the 2022 Investment Environment Law. The law guarantees equal treatment for investors, safeguards their rights and provides incentives for projects with high employment, export and innovation potential, the statement added. He also underscored Jordan's economic resilience amid regional and international challenges, attributing it to structural reforms, including the creation of the Ministry of Investment as a central access point for investors. The minister invited Uzbek companies to benefit from Jordan's strategic location, extensive network of free trade agreements and ready investment opportunities in PPP projects spanning water desalination, transportation, education and the digital economy. He also highlighted Jordan's role as a logistical and industrial hub for regional reconstruction, calling for a partnership that delivers sustainable benefits to both nations. For his part, Kudratov expressed Uzbekistan's appreciation for its partnership with Jordan, noting that the delegation's visit aims to explore and advance trade and investment opportunities in sectors such as agriculture, chemicals, pharmaceuticals, textiles and other promising fields. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (