The country also aims to invest about US$13.9 billion in urban infrastructure and solutions over the next five years, as it is set to rapidly urbanise.
Apart from helping these firms expand their supply chains and access growing ASEAN markets, the Foreign Affairs Minister said Singapore can also support innovation. Such concerns include India’s “enormous” trade deficit with China, as a result of “unfair” protectionist policies, according to Dr Jaishankar.“You can't sell a trade agreement for its foreign policy benefits. It has to be sold for its trade benefits. I think if that was more self-evident to Indians, I think you'd get clearly a much stronger resonance out of India.”
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