Finance Minister Arun Jaitley has left for Singapore on November fourteenth
on a two-day official visit to Singapore. “During the visit, Jaitley will
re-enforce the close ties between India and Singapore, building upon our shared
history, rooted in strong commercial, culture and people-to-people links,”
finance ministry said in a statement.
On November 15, the finance minister will visit the Singapore Expo and
deliver the keynote address at the Singapore Fintech Festival, a global event
attracting over 10,000 participants. He will also pay a visit to the India
pavilion set up at the expo, showcasing India’s achievements in advancing
financial technology, both within and outside the government.
On November 16, Jaitley will deliver the keynote address at Morgan Stanley
Sixteenth (16th) Annual Asia Pacific Summit in Singapore on the topic ‘India:
Structural Reforms and Growth Path Ahead’. “As part of the summit, Jaitley will
meet the senior management of Morgan Stanley and also address a gathering of
senior fund managers and key financial institutional investors,” it said.
During the visit, he is scheduled to meet Prime Minister of Singapore Lee
Hsien Loong and Deputy Prime Minister Tharman Shanmugaratnam to discuss
bilateral issues. He will also discuss investment and other issues with his
Singapore counterpart and Finance Minister Heng Swee Keat.
An investors’ roundtable is being organised by India’s finance ministry and
the Indian High Commission in Singapore to showcase to foreign investors a slew
of investor friendly reforms undertaken by the government and also to
understand their ideas and suggestions about ramping up investments in India.
The roundtable will be co-chaired by Secretary DEA Subhash Chandra Garg and Tan
Ching Yee, permanent secretary in the ministry of finance, Singapore.
The participants in the investors’ roundtable include senior executives of
leading institutional investors and business houses in Singapore, who control
significant investments globally and have either existing investments in India
or are contemplating such investments in the country in the near future.
During his visit Mr Jaitley will also have meetings with CEOs of GIC, the
Sovereign Wealth Fund (SWF) of Singapore, the chairman of Development Bank of
Singapore (DBS), CEO of Singapore Airlines, chairman of Blackstone Asia Pacific
and CEO of Singapore Stock Exchange among others, it said. He will also
interact with the chairman and board of directors of Temasek, a leading investment
company, headquartered in Singapore.
will return to New Delhi on November 16.