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SM Goh, Indian PM upbeat over development of bilateral ties
By Damanjeet Kohli | Posted: 19 March 2010 2106 hrs

  Singapore Emeritus SM Goh Chok Tong (L) with Indian Prime Minister Manmohan Singh
 
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SINGAPORE: Singapore Senior Minister Goh Chok Tong has proposed to Indian Prime Minister Manmohan Singh to use the island republic for corporate networking with major Asian companies.

Mr Goh, who is in Delhi for a two-day visit, was hosted to a lunch by the Indian leader at his residence. The two leaders were upbeat over the development of bilateral ties.

Commenting on the bilateral investment fever, Mr Goh expressed confidence over the prospects for bilateral cooperation.

He said: "The real benefit of this Indian fever is the development of Singapore fever. Since 1994, many Indian companies are coming to Singapore than Singapore companies going to India.

"Tata has acquired NatSteel, Fortis has acquired Singapore-based company Parkway, that will give Parkway a reason to expand in China and other countries. So it is like a Singapore fever in India."

Mr Goh will attend the Asian Corporate Conference on Saturday, and he will hold discussions with India's strategic thinkers and businessmen.

- CNA/sc

 


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