External Affairs Minister S Jaishankar on Monday lauded Singapore for acting as a “bridge between India and ASEAN”, and said the country has become a fulcrum for India’s economic and commercial policies.

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“Today we are entering a new phase of a strategic partnership...Singapore has becom e the fulcrum of India’s policies to the east of India,” said Jaishankar. He was speaking at the InSpreneur 3.0 — Start-up & Innovation Exhibition along with Vivian Balakrishnan, foreign minister of Singapore.

Talking about India’s move towards a $5 trillion dollar economy, EAM said, “India is exchanging the world today with self-assurance and clarity.”

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  • Recollecting his service as a High Commissioner of India then, Jaishankar said Singapore was the first country with whom India had signed the comprehensive economic partnership agreement 

On Regional Comprehensive Economic Partnership (RCEP) he said, “trade agreement is a balance of negotiated interest”. RCEP, a proposed free trade agreement (FTA) between 16 nations was also discussed. 

During the Plenary session, the minister recalled that India and Singapore came together in a very contemporary phase, at a time when the world was changing, including India. 

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