Dr. Manmohan Singh Hopeful of More Investments from Singapore

Prime Minister Dr. Manmohan Singh on Sunday Invited greater investments from Singapore, describing the city-state as a “valued partner” for India’s ambitious plans for infrastructure development which requires about one trillion dollars over five years. Dr. Manmohan Singh, who is here on a two- day visit to Singapore, made the strong pitch for investments as he held talks with Singapore’s Prime Minister Mr.

Hopeful of more investments on ways to boost the ties in a wide range of areas, including security and defense co-operation.

Lee extended his country’s support to India’s permanent membership of an expanded UN Security Council. “Our government places the highest priority on our relations with Singapore. Ours is a partnership that stands on the foundation of shared values of pluralism, secularism and democracy, and convergence of our perspectives on regional and international issues,” Singh said at a luncheon hosted by Lee.

“Singapore has emerged as a valued partner for our ambitious plans for infrastructure development. It is India’s largest trade and investment partner in ASEAN,” he said adding “We welcome greater investment and technology flows from Singapore”. Mr. Singh discussed the issue of investments during his talks with Lee prior to the lunch, highlighting how India requires greater funds to develop its infrastructure and other sectors.

“Singapore has opened new horizons for India,” Dr. Manmohan Singh said and added that India regards the Singapore Prime Minister as an ardent advocate and supporter of our strong partnership”. Dr. Manmohan Singh said that “the agreement has led to a qualitative up gradation of our trade and investment relations with Singapore.”

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