Modi invites Singapore firms to invest in Navratna PSUs
November 24, 2015  14:35
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Prime Minister Narendra Modi today invited investors in Singapore to participate in the proposed divestment of Navratna PSUs and sought the Singaporean government's help in building at least 20 smart cities.


In wide-ranging discussions with Singapore leaders, including its Prime Minister Lee Hsien Loong and President Tony Tan Keng, Modi stressed on the idea to 'create many Singapores' within India.


He also pitched for issuance of rupee bonds and infrastructure bonds in Singapore. Besides, Modi sought faster completion of Regional Comprehensive Economic Partnership (RCEP) to create a new economic block within Asia. The Prime Minister also invited his Singaporean counterpart to visit India, especially Gujarat to see with his entire family the Asiatic lion, which forms part of the symbol of Singapore.


Singapore sought doubling of flights to India while Modi wanted the city-state to play a key role in upgradation of railway stations in India. At the media briefing about Modi's meetings here, Secretary (East) at the Ministry of External Affairs Anil Wadhwa said there were broadly 14-15 key issues including skills development, urban development, tourism, civil aviation and financial services, that were discussed in the meetings the Prime Minister has had. 
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