Indian PM Modi meets Singapore’s PM Lee on sidelines of East Asia Summit

Indian Prime Minister Narendra Modi had a successful meeting with his Singaporean counterpart Lee Hsien Loong today. Both leaders discussed a range of issues, including co-operation in financial technology and regional economic integration.

Indian Prime Minister Narendra Modi meeting with his Singaporean counterpart Lee Hsien Loong today in Lion city. Photo courtesy: Twitter@/MEAIndia
Indian Prime Minister Narendra Modi meeting with his Singaporean counterpart Lee Hsien Loong today in Lion city. Photo courtesy: Twitter@/MEAIndia

PM Modi is on a two-day visit to Singapore to attend the East Asia Summit, an ASEAN-India informal meet, the Regional Comprehensive Economic Partnership (RCEP) summit and hold meetings with various global leaders.

"Happy to have met PM Lee Hsien Loong in Singapore. We had fruitful talks on deeper India-Singapore friendship as well as how India-ASEAN relations contribute to peace and prosperity in the region," PM Modi tweeted on his meeting with his Singaporean counterpart Lee Hsien Loong.

“PM Narendra Modi met with Prime Minister of Singapore Lee Hsien Loong on the sidelines of East Asia Summit. Good exchange of views on cooperation in financial technology, enhanced connectivity and regional economic integration,” External Affairs Ministry Spokesperson Raveesh Kumar said in a tweet.

 

Indian delegation led by Prime Minister Narendra Modi meeting Singaporean delegation led by PM Lee on the sidelines of East Asia Summit. Photo courtesy: Twitter@/MEAIndia
Indian delegation led by Prime Minister Narendra Modi meeting Singaporean delegation led by PM Lee on the sidelines of East Asia Summit. Photo courtesy: Twitter@/MEAIndia

Modi started his day by addressing the Singapore Fintech Festival which is the world’s largest gathering of the fintech community attended by both industry leaders and smaller start-ups. Incidentally, Modi became the first world leader to address the festival which was launched in 2016 and is in its third edition.

“It is a great honour to be the first head of government to deliver the keynote address at the Singapore Fintech Festival. It is an acknowledgement of the financial revolution sweeping through India and transforming the lives of 1.3 billion people,” said PM Modi.

“India is witnessing an explosion of financial technology (fintech) innovation and enterprise. I say this to all the fintech companies and startups: India is your best destination,” he said.

During the programme, PM Modi also launched APIX, a banking technology designed to reach two billion people without bank accounts worldwide.

Earlier, Modi arrived in Singapore this morning and touched by the presence of Indian community who came in large numbers to welcome him braving the rain.

Members of Indian diaspora accorded a huge welcome to Indian Prime Minister Narendra Modi on his arrival in Singapore. Photo courtesy: Twitter@/MEAIndia
Members of Indian diaspora accorded a huge welcome to Indian Prime Minister Narendra Modi on his arrival in Singapore. Photo courtesy: Twitter@/MEAIndia

“Extremely touched by the affection of the Indian community in Singapore. Their warm welcome, so early in the morning amidst the rain, was touching. India's diaspora makes our nation very proud. They have succeeded all over the world, in a wide range of areas,” PM Modi tweeted.

Before leaving for Singapore, Modi said in New Delhi that his participation in the ASEAN-India and East Asia summits symbolised India's "continued commitment" to strengthen its engagement with ASEAN members and with the wider Indo-Pacific region.

Modi also said he was confident that his visit to Singapore would impart fresh momentum to New Delhi’s growing partnership with ASEAN and East Asia Summit nations..

Indian Prime Minister Narendra Modi being welcomed by H.E. Jawed Ashraf, Indian High Commissioner to Singapore, on his arrival in the Lion City. Photo courtesy: Twitter@/MEAIndia
Indian Prime Minister Narendra Modi being welcomed by H.E. Jawed Ashraf, Indian High Commissioner to Singapore, on his arrival in the Lion City. Photo courtesy: Twitter@/MEAIndia

The Association of Southeast Asian Nations (ASEAN) is a regional intergovernmental organisation comprising ten Southeast Asian countries, which promotes intergovernmental cooperation and facilitates economic, political, security, military, educational, and sociocultural integration among its members and other Asian states.

PM Modi will also attend the RCEP Summit to review the progress made on the negotiations to finalise the proposed free trade agreement. It is being negotiated amongst sixteen countries including ten ASEAN Member States and India, Australia, China, Japan, New Zealand and Republic of Korea.

Author
Ashraf Jamal
Ashraf Jamal – Senior Writer

Ashraf Jamal brings a rare depth to writing equipped with a degree in journalism, a postgraduate degree in political science, and a degree in law from the Allahabad University. His experience includes editing and publishing the Northern India Patrika and writing for Times of India for almost a decade covering just about any topic under the sun including NRIs and Indian diaspora.

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