Jaitley to embark on two-day Singapore visit tonight

ANI | Updated: Nov 14, 2017 14:02 IST

New Delhi [India], Nov 14 (ANI): Finance Minister Arun Jaitley is scheduled to leave for two-day official visit to Singapore tonight.

During his stint in Singapore, the finance minister will look to re-enforce close ties between India and Singapore building upon the shared history, rooted in strong commercial, culture and people-to-people links.

On November 15, Jaitley is scheduled to visit the Singapore Expo and deliver the Keynote Address at the Singapore Fintech Festival, a global event attracting over 10,000 participants. Further, he is expected to visit the India Pavilion set-up at the Expo, showcasing India's achievements in advancing financial technology, both within and outside the Government.

On November 16, Jaitley will deliver the Keynote Address at the Morgan Stanley Sixteenth Annual Asia Pacific Summit in Singapore on the topic of "India: Structural Reforms and Growth Path Ahead".

As part of the summit, he will meet the Senior Management of Morgan Stanley, and also address a gathering of senior fund managers and key financial institutional investors.

As part of his official meetings, Jaitley will meet the Deputy Prime Minister (DPM) of Singapore Tharman Shanmugaratnam to deliberate upon issues of bilateral interest. He will also discuss investment and other issues with his counterpart in the Singapore Government, Finance Minister Heng Swee Keat. Jaitley is also scheduled to meet the Prime Minister of Singapore Lee Hsien Loong.

Additionally, an Investors' Roundtable is being organised by the Ministry of Finance and Indian High Commission in Singapore to showcase to foreign investors the slew of investor-friendly reforms undertaken by the Centre and to understand their ideas and suggestions about ramping-up investments in India. The roundtable will be co-chaired by Subhash Chandra Garg, Economic Affairs Secretary and Tan Ching Yee, Permanent Secretary, Ministry of Finance, Government of Singapore. Finance Minister Jaitley will also address the gathering in the beginning.

During his visit, Jaitley will chair meetings with CEOs of GIC, the Sovereign Wealth Fund (SWF) of Government of Singapore, Chairman, Development Bank of Singapore (DBS), CEO, Singapore Airlines, Chairman, Blackstone Asia Pacific and CEO, Singapore Stock Exchange.

Jaitley will also interact with the Chairman and Board of Directors of Temasek, a leading investment company. (ANI)