Ø
Piyush
Goyal Calls on Singapore Prime Minister Lawrence Wong, Participates in 4th India-Singapore
Ministerial and Business Roundtables
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Goyal
Holds G2B Meetings to Strengthen India-Singapore Business and Investment Cooperation
·
High-level
engagements: Union Commerce and Industry Minister Piyush Goyal held a
series of bilateral and business meetings in Singapore on August 20, 2026, focusing on
trade, investment, technology and business cooperation.
·
Meeting
with Singapore PM: Goyal called on Singapore Prime Minister Lawrence Wong
at the Istana, reaffirming strong bilateral economic ties.
·
4th
India-Singapore Ministerial Roundtable (ISMR):
Discussions focused on deepening
bilateral economic engagement and identifying new areas for
mutually beneficial cooperation.
·
4th
India-Singapore Business Roundtable (ISBR):
Government and business leaders explored opportunities to strengthen trade, investment and
business-to-business linkages.
·
MoU
signing: The Ministerial and Business Roundtables
were followed by an MoU
signing ceremony, further strengthening institutional
cooperation.
·
Government-to-Business
meetings: Goyal met senior leaders from
organisations including the Global
Finance & Technology Network (GFTN) and Keppel Infrastructure.
·
Priority
sectors: Discussions covered agri-exports, GCC-based commercial parks,
fintech and sustainable infrastructure.
·
Agricultural
trade: Goyal jointly visited an APEDA-FairPrice initiative at City
Square Mall, highlighting expanding Indian agricultural exports
and market access in Singapore.
·
India-Singapore
Business Forum: Goyal participated in the forum organised
by FICCI at the INSEAD
Asia Campus, engaging directly with the business community.
·
Global
growth opportunities: A fireside chat titled “India in the New Global Growth
Equation: Growth and Opportunity for Businesses in Asia and the World”
focused on India's role in emerging global economic opportunities.
·
Ministerial
participation: India’s ISMR delegation included Finance Minister Nirmala Sitharaman,
External Affairs Minister S. Jaishankar, Commerce Minister Piyush Goyal and MoS
Commerce Jitin Prasada.
·
Singapore
delegation: Singapore was represented by senior
ministers including Deputy
PM and Trade & Industry Minister Gan Kim Yong, K. Shanmugam, Vivian
Balakrishnan, Josephine Teo and Jeffrey Siow.
·
Key
takeaway: The engagements seek to expand the
India-Singapore partnership beyond traditional trade into technology, fintech, sustainable
infrastructure, agricultural exports, GCC ecosystems and investment,
creating new avenues for bilateral economic growth.
[ABS News Service/21.08.2026]
Union
Minister of Commerce and Industry, Piyush Goyal, undertook a series of high-level
bilateral and business engagements in Singapore on 20 August 2026, reinforcing the
longstanding India-Singapore economic partnership and advancing cooperation in trade,
investment, technology and business.
Mr.
Goyal began the day with a call on the Prime Minister of Singapore, Mr Lawrence
Wong, at the Istana. He thereafter participated in the 4th India-Singapore Ministerial
Roundtable (ISMR) and the 4th India-Singapore Business Roundtable (ISBR), held at
Hotel Shangri-La. The Roundtables provided a platform to discuss ways to further
strengthen bilateral economic engagement and identify new avenues for mutually beneficial
cooperation. The Roundtables were followed by an MoU signing ceremony.
In
the afternoon, Mr. Goyal held a series of Government-to-Business (G2B) meetings
with senior leaders from the global business and institutional community, including
the Global Finance & Technology Network (GFTN) and Keppel Infrastructure. The
discussions focused on strengthening India-Singapore collaboration in areas including
agri-exports, GCC-based commercial parks, fintech and
sustainable infrastructure.
Mr.
Goyal also jointly visited an APEDA-FairPrice initiative at City Square Mall along
with Ms Gan Siow Huang, Minister of State for Foreign Affairs and Trade & Industry,
Singapore. The engagement highlighted the growing agricultural trade and expanding
market linkages between India and Singapore.
In
the evening, Mr. Goyal participated in the India-Singapore Business Forum organised
by FICCI at the INSEAD Asia Campus. He also took part in a fireside chat on “India
in the New Global Growth Equation: Growth and Opportunity for Businesses in Asia
and the World”, followed by an interactive Q&A session with members of the business
community.
The
engagements reaffirmed the strong momentum in the India-Singapore economic partnership
and India’s commitment to deepening trade, investment, technology and business-to-business
linkages, while creating new opportunities for mutually beneficial growth.
The
Indian side at the 4th India-Singapore Ministerial Roundtable comprised the Union
Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman; Union Minister
of External Affairs, Dr. S. Jaishankar; Union Minister of Commerce and Industry,
Mr. Piyush Goyal; and Minister of State for Commerce, Mr. Jitin Prasada. The Singapore
side comprised the Deputy Prime Minister and Minister for Trade and Industry, Mr.
Gan Kim Yong; Senior Minister, Coordinating Minister for National Security and Minister
for Home Affairs, Mr. K. Shanmugam; Minister for Foreign Affairs, Dr. Vivian Balakrishnan;
Minister for Digital Development and Information, Ms. Josephine Teo; and Minister
for Transport and Second Minister of State for Finance, Mr. Jeffrey Siow.