Overview

• Modi and Wong held talks in New Delhi that produced multiple MoUs, including an RBI–MAS pact on digital asset innovation and agreements covering space collaboration, AI and quantum technologies, and green shipping.
• The two prime ministers jointly inaugurated Phase II of the PSA-operated JN Port Mumbai terminal, a project with more than USD 1 billion in Singaporean investment.
• Both sides agreed to a time‑bound review of the India–Singapore CECA and India’s ASEAN FTA to accelerate trade and investment flows.
• Digital links deepened as 13 additional Indian banks joined the UPI–PayNow cross‑border payments linkage, with the next India–Singapore Hackathon due this year and expanded cooperation on semiconductors and skills, including a planned centre of excellence in Chennai.
• The roadmap advances implementation through established ministerial channels and includes exploratory work on an undersea energy and data link, green hydrogen and ammonia supply prospects, a GIFT City data sandbox, and closer coordination on counter‑terrorism.