SF Prep Notes

India and Singapore hold 4th Joint Working Group on Trade & Investment in New Delhi

India and Singapore held the 4th meeting of the Joint Working Group on Trade & Investment in New Delhi on 14 August 2025, a day after the 3rd India–Singapore Ministerial Roundtable.

Summary

India and Singapore held the 4th meeting of the Joint Working Group on Trade & Investment (JWGTI) in New Delhi on 14 August 2025, co-chaired by Rajesh Agrawal of India and Beh Swan Gin of Singapore, following the 3rd India–Singapore Ministerial Roundtable held the previous day. The year 2025 marks 60 years of diplomatic relations and 20 years of the India–Singapore Comprehensive Economic Cooperation Agreement (CECA), signed in 2005. Singapore is India's largest trading partner in ASEAN, with trade of USD 34.26 billion in 2024–25, and its second-largest source of FDI, with USD 163.85 billion from April 2000 to July 2024.

Key facts

Meeting
4th JWGTI, 14 Aug 2025, New Delhi
Co-chairs
Rajesh Agrawal (India), Beh Swan Gin (Singapore)
Preceded by
3rd India–Singapore Ministerial Roundtable
Milestones
60 years of diplomatic ties; 20 years of CECA (2005)
Trade
Largest ASEAN trading partner – USD 34.26 bn (2024–25)
FDI
Second-largest source – USD 163.85 bn (Apr 2000–Jul 2024)

Practice MCQs 2 questions

Q1 Advanced

The year 2025 marks how many years of the India–Singapore Comprehensive Economic Cooperation Agreement (CECA)?

Show answer

Correct answer: C — 20

The India–Singapore CECA was signed in 2005, so 2025 marks 20 years of the agreement along with 60 years of diplomatic relations.

Q2 Advanced

Consider the following statements about India–Singapore economic ties, as noted at the 4th JWGTI in August 2025: 1. Singapore is India's largest trading partner in ASEAN. 2. Singapore is India's largest source of FDI. Which of the above is/are correct?

Show answer

Correct answer: A — 1 only

Statement 1 is correct: Singapore is India's largest trading partner in ASEAN, with trade of USD 34.26 billion in 2024–25. Statement 2 is incorrect: Singapore is India's second-largest source of FDI.

← All current affairs