Latest news with #MinisterialRoundtable
CNA
2 days ago
- Business
- CNA
Singapore and India to develop semiconductor ecosystem to boost diversification, resilience
Deputy Prime Minister Gan Kim Yong said Singapore and India are keen to develop a semiconductor ecosystem to boost diversification and resilience. He stressed that such partnerships are crucial to weather global economic uncertainties. Leaders from both sides met in New Delhi for the third India-Singapore Ministerial Roundtable. Both countries are deepening ties in six areas, including healthcare, advanced manufacturing and sustainability.
Hans India
3 days ago
- Business
- Hans India
India and Singapore hold third Ministerial Roundtable, strengthen Comprehensive Strategic Partnership
New Delhi: India and Singapore on Wednesday held the third Ministerial Roundtable in New Delhi, discussing bilateral cooperation between two nations under the six pillars of digitalisation, skill development, sustainability, healthcare, connectivity and advanced manufacturing. For the third India-Singapore Ministerial Roundtable (ISMR), the Indian side was represented by the External Affairs Minister (EAM) S Jaishankar, Union Finance Minister Nirmala Sitharaman, Union Commerce and Industry Minister Piyush Goyal and Union Minister of Electronics and Information Technology Ashwini Vaishnaw. Deputy Prime Minister Gan Kim Yong, Coordinating Minister for National Security and Home Affairs K Shanmugam, Foreign Minister Vivian Balakrishnan, Digital Development and Information Minister Josephine Teo, Minister for Manpower Tan See Leng and Acting Minister for Transport Jeffrey Siow led the Singaporean side. External Affairs Minister S Jaishankar thanked Singaporean ministers for their commitment to strengthen the Comprehensive Strategic Partnership between two nations. He stated that ISMR interacted with India Singapore Business Roundtable and termed the synergy between government and industry as a key to unlock next phase of bilateral ties. "Delighted to attend the 3rd India Singapore Ministerial Roundtable ISMR in New Delhi. Thank DPM Gan Kim Yong, Coordinating Minister for National Security and Home Affairs K Shanmugam, FM Vivian Bala, Digital Development and Information Minister Josephine Teo, Minister for Manpower Dr Tan See Leng and Acting Minister for Transport Jeffrey Siow for their commitment to strengthen our Comprehensive Strategic Partnership. The ISMR had a productive interaction with the India Singapore Business Roundtable ISBR delegation. Synergy between Government and Industry is key to the unlocking next phase of India-Singapore ties," Jaishankar posted on X after the meeting. On Tuesday, External Affairs Ministry spokesperson Randhir Jaiswal extended a warm welcome to Singapore's Ministerial delegation as they arrived to attend the third ISMR in New Delhi. In a post on X, Jaiswal stated, "A warm welcome to DPM Mr. Gan Kim Yong, FM Vivian Bala 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." The India-Singapore ties were elevated to Comprehensive Strategic Partnership during Prime Minister Narendra Modi's visit to Singapore in September 2024. With shared history, long tradition of friendship based on trust and mutual respect, and extensive cooperation across several sectors, the cooperation between two nations has deepened and diversified over the years. Envisioned by Prime Minister Narendra Modi, ISMR is a unique mechanism for setting a new agenda for India–Singapore cooperation. Its inaugural meeting was held in New Delhi in September 2022 and the second meeting was held in Singapore in August 2024.
Times of Oman
4 days ago
- Business
- Times of Oman
India, Singapore to "strengthen strategic partnership" at third ministerial roundtable marking "60 years of diplomatic relations"
New Delhi: India is set to host the third India-Singapore Ministerial Roundtable (ISMR) on August 13, continuing a high-level platform established to deepen bilateral cooperation and explore mutually beneficial collaboration in new and emerging areas, according to an official factsheet. This platform was created to also address challenges posed by geopolitical and macroeconomic developments while enhancing mutual trust and understanding. The ISMR began with its inaugural meeting in New Delhi on September 17, 2022, and held its second session in Singapore on August 26, 2024. Since then, it has evolved with a refreshed agenda and expanded involvement from key persons on both sides. This progression highlights the growing importance both countries place on this regular institutionalised forum. Good progress has been made across six key areas of collaboration under ISMR: sustainability, digitalisation, skills development, healthcare and medicine, advanced manufacturing, and connectivity. The upcoming third ISMR will build on this foundation, aiming to review bilateral collaboration progress since the last meeting and explore opportunities to deepen cooperation across these pillars. The roundtable will see strong representation from both nations. Singapore will be represented by Deputy Prime Minister and Minister for Trade & Industry Gan Kim Yong; 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, Science and Technology Tan See Leng; and Acting Minister for Transport and Senior Minister of State for Finance Jeffrey Siow. India's delegation will include 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. This third ISMR continues the momentum of high-level visits and exchanges between India and Singapore, marking the 60th anniversary of diplomatic relations in 2025. The milestone signals the significance both countries place on their bilateral relations and joint commitment to growing collaboration for mutual benefit. Singapore-India relations have grown deep and broad-based over six decades. The year 2025 also marks the 10th anniversary of the Strategic Partnership between the two nations. Earlier this year, Singapore President Tharman Shanmugaratnam made a State Visit to India, meeting key Indian leaders including President Droupadi Murmu and Prime Minister Narendra Modi. In turn, Prime Minister Modi made an Official Visit to Singapore in September 2024, engaging with Singapore's President and Prime Minister as well as other leaders. During PM Modi's Official Visit, the two countries agreed to elevate their relations to a Comprehensive Strategic Partnership, further reflecting their expanding ties. The economic partnership between Singapore and India is a pillar of their relations, anchored by the Comprehensive Economic Cooperation Agreement (CECA) signed in 2005. Bilateral trade has grown substantially, increasing approximately 2.5 times from S$20 billion in 2005 to S$52.2 billion in 2023. Singapore has emerged as India's top foreign investor, accounting for around 24% of India's foreign direct investment equity inflows since 2000. Likewise, Indian investments in Singapore have grown impressively, rising from S$481 million in 2004 to approximately S$31.6 billion in 2023. Singapore companies are actively engaged in India's growing sectors such as manufacturing, sustainability, data centres, and technology innovation. Moreover, Singapore serves as the regional headquarters for many Indian start-ups, particularly in fintech and healthtech, demonstrating a thriving cross-border entrepreneurial ecosystem. In sustainability, both countries collaborate on next-generation industrial parks designed to promote economic growth alongside sustainable, low-carbon development. This effort includes a jointly developed Framework for "Net Zero Industrial Parks" with the Tamil Nadu government, launched in June 2025. The digitalisation pillar has also witnessed significant developments. In February 2023, the Monetary Authority of Singapore and the Reserve Bank of India launched a real-time payments linkage between Singapore's PayNow and India's Unified Payments Interface (UPI), enabling instant fund transfers across participating banks and e-wallets. Capital market cooperation advanced through the NSE-SGX GIFT Connect, a derivatives trading linkage established in Gujarat International Finance Tec-City, marking the first such partnership between Singapore and India. Building on this, both countries are keen to explore collaboration in cross-border data flows via a pilot data corridor in GIFT City. Cybersecurity collaboration has strengthened as well. The first India-Singapore Cyber Policy Dialogue took place in October 2024 during Singapore International Cyber Week, where respective Cyber Security Agencies exchanged views on national strategies and cooperation frameworks. Skills development remains a key priority. Singapore's Institute of Technical Education Services (ITEES) has established five skills centres in India and is expanding partnerships with the Odisha and Assam governments to enhance training in semiconductors, aerospace, AI, and capacity-building programmes like train-the-trainer initiatives. To further this effort, a Joint Flagship Programme for Skills Training is being set up, focusing on sectors of strategic interest to both countries with close private sector collaboration to ensure relevance to industry needs. In advanced manufacturing, cooperation continues to grow, particularly in semiconductor manufacturing. The India-Singapore Semiconductor Ecosystem Partnership MOU, signed during Prime Minister Modi's visit in September 2024, promotes government-led exchanges on ecosystem development, supply chain resilience, and workforce growth. This partnership supports India's expanding semiconductor sector and Singapore ecosystem players' participation in the Indian market. Connectivity forms another vital pillar. Singapore's PSA has been operating four maritime terminals in India for over 25 years, and Singapore Airlines owns a 25.1% stake in Air India. SIA Engineering plans to collaborate with Air India to develop maintenance, repair, and overhaul facilities to support the growing Air India fleet. Both countries are also working towards establishing a Green and Digital Shipping Corridor to facilitate sustainable shipping and promote green fuel trade.
Qatar Tribune
15-07-2025
- Qatar Tribune
MCIT participates in WSIS+20 Forum 2025
QNA Geneva Reaffirming Qatar's steadfast commitment to global digital cooperation and its active contribution to shaping the digital future, the Ministry of Communications and Information Technology (MCIT) participated in the High-Level Events of the World Summit on the Information Society +20 (WSIS+20) Forum 2025, held from July 7 to 12. The sessions addressed key themes, including digital transformation, artificial intelligence, and the advancement of digital government services. The participation included the attendance of minister's advisor, and Artificial Intelligence Committee Chairman, Hassan Jassim Al Sayed, at the official opening of the WSIS+20 Forum. Al Sayed delivered an intervention during the Ministerial Roundtable, in which he presented Qatar's national vision for advancing its digital priorities. He highlighted Qatar's ongoing efforts to strengthen digital infrastructure, design inclusive and accessible government services, and advance key national AI initiatives, such as the development of the Arabic AI project Fanar, the issuance of Principles and Guidelines for Ethical Use and Development of Artificial Intelligence, and the integration of generative AI technologies in government operations in partnership with leading global tech firms. MCIT concluded its participation with the session titled 'Leaders TalkX: Building inclusive and knowledge-driven digital societies', which explored ways to promote digital inclusion and expand equitable access to information and knowledge in the digital age. The session also emphasized the importance of developing robust digital infrastructure and forward-looking policies that foster knowledge production and contribute to building more inclusive and sustainable digital societies. Through this participation, the Ministry of Communications and Information Technology reaffirmed its commitment to strengthening Qatar's position on the global digital stage, fostering knowledge exchange, and building strategic partnerships that support digital innovation, sustainable technology solutions, and the country's leadership in the ICT sector at the international level.
Al Etihad
09-04-2025
- Business
- Al Etihad
AIM Congress explores future of tourism investment
9 Apr 2025 12:39 ABU DHABI (WAM) The Ministerial Roundtable on 'Investment in Tourism: Shaping Tourism Investment Opportunities through Policy Innovation' assembled at AIM Congress 2025, gathering ministers and global stakeholders to redefine the future of tourism investment through strategic policy session brought together 13 speakers, including officials and ministers from the UAE, Bahrain, Georgia, Montenegro, Egypt, and Iran, as well as senior executives from UNCTAD, UN Tourism, World Economic Forum, ESCAP, and the World Free Zones roundtable emphasised tourism's critical role in economic resilience, job creation, and sustainable development. Opening remarks celebrated the region's leadership in shaping future-ready policies to attract quality investments that balance economic growth with environmental of the Ministry of Economy, Abdulla Ahmed Alsaleh, said, 'Under the guidance of our wise leadership, the UAE has succeeded in consolidating its position as a global destination for investment in the tourism sector. We seek to attract Dh100 billion in new investments by 2031.'Minister of Tourism of the Kingdom of Bahrain, Fatima bint Jaafar Al Sairafi, highlighted the nation's evolving tourism policy and robust investment climate, emphasising Bahrain's strategic role in advancing sustainable tourism and economic its leadership, Bahrain has aligned itself with global tourism development goals, integrating UN initiatives while offering attractive investment opportunities through Golden Licences—two of which are tailored specifically to the tourism streamlined regulations, investor privileges, and a 'one-stop-shop' approach to project facilitation, Bahrain continues to position itself as a premier destination for tourism development and global of Cultural Heritage, Tourism, and Handicrafts, Seyed Reza Salehi Amiri, announced a transformative shift in the country's tourism strategy, emphasising a strong pivot toward private sector involvement and investment-driven Minister of Tourism and Antiquities of Egypt, Yomna Elbahar, highlighted Egypt's independent progress in tourism and emphasised the nation's commitment to innovation in hospitality. 'We are bringing together industry pioneers to explore the future of branded living and luxury hospitality in Egypt—shaping new possibilities for the sector,' she Li Collins of UNCTAD underscored the importance of innovative investment frameworks that are resilient and environmentally conscious, while Matthew Stephenson of the World Economic Forum pointed to the power of digital transformation and AI in shaping post-pandemic unanimously called for public-private collaboration, green financing, and investment in human capital as core pillars to unlock tourism's full potential. The session concluded with a strong call to action: to integrate policy innovation, technology, and sustainability as guiding principles for shaping the next era of global tourism investment.
