NEW DELHI, JUN 20: India and Singapore have launched a CEOs forum, comprising top industry honchos, in an effort to provide further push to business ties that have been growing following a comprehensive economic cooperation agreement (CECA)between the two countries that was signed nearly two years ago.
‘‘The forum will examine developments in India-Singapore relations consequent to the conclusion of the CECA," said Pranab Mukherjee, external affairs minister, who is currently on a three-day visit to Singapore.
At the launch, the minister said, "It could also suggest specific sectors as focus areas for the near term while making recommendations aimed at enhancing long-term complementarities between India and Singapore."
The forum will be co-chaired by steel magnate Ratan Tata, chairman of the Tata Group, from the Indian side and Koh Boon Hwee, chairman of DBS Group Holdings Ltd and DBS Bank Ltd, representing the Singaporean side.
Briefing the mediapersons here, official spokesman in the ministry of external affairs Navtej Sarna said, "A day after India and Singapore announced the establishment of strategic dialogue, Mukherjee and Minister of Trade and Industry of Singapore Lim Hng Kiang also launched the India Business Forum (IBF) in Singapore."
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