Overview

• Prime Ministers Narendra Modi and Lawrence Wong held talks in New Delhi and agreed on a roadmap to operationalize the Comprehensive Strategic Partnership, witnessing multiple MoUs across space, artificial intelligence, green shipping and skilling.
• The countries announced a digital asset innovation agreement between the Reserve Bank of India and the Monetary Authority of Singapore, as 13 additional Indian banks joined the UPI–PayNow cross‑border payments link.
• The leaders jointly inaugurated the JN Port PSA Mumbai Terminal (BMCT) Phase‑II, a project backed by more than USD 1 billion of investment from Singapore’s PSA International.
• Both sides pledged closer counter‑terrorism cooperation and set a time‑bound review of the India–Singapore CECA and India’s ASEAN free‑trade pact to accelerate trade and investment.
• Officials highlighted exploratory initiatives still under study, including an India–Singapore undersea power and data cable facing Andaman Trench feasibility hurdles, a financial data sandbox at GIFT City and potential green hydrogen and ammonia exports.