Singapore and India have signed a Letter of Intent (LOI) to cooperate on maritime digitalisation and decarbonisation, officials said on Tuesday.
The LOI was inked by Teo Eng Dih, Chief Executive of the Maritime and Port Authority of Singapore, and Joint Secretary of India’s Ministry of Ports, R. Lakshmanan.
“Shipping and Waterways (MOPSW) of India, and witnessed by Dri Amy Khor, Senior Minister of State, Ministry of Sustainability and the Environment and Ministry of Transport Singapore, and Shri Sarbananda Sonowal, Minister of Ports, Shipping and Waterways of India,” read a statement issued by the Indian government.
Both Sides Will Collaborate
Under the LOI, both sides will collaborate on maritime digitalisation and decarbonisation projects, including identifying relevant stakeholders who could contribute to the effort, and work towards formalising the partnership through a memorandum of understanding on a Singapore-India Green and Digital Shipping Corridor (GDSC).
“India is a leading player in information technology with the potential to become a major producer and exporter of green marine fuels. Singapore, as a key transhipment and bunkering hub, also supports a dynamic research and innovation ecosystem,” read the statement.
The Singapore-India GDSC, when established, will enhance collaboration from both countries and help accelerate the development and uptake of zero or near-zero Greenhouse Gas (GHG) emission technologies and the adoption of digital solutions.
India-Singapore Relationship
India-Singapore relations were elevated to a Comprehensive Strategic Partnership during the visit of Prime Minister Narendra Modi to Singapore in September 2024.
With a shared history, a long tradition of friendship based on trust and mutual respect, and extensive cooperation across a wide range of areas, India-Singapore cooperation has deepened and diversified over the years.
India and Singapore have several structured defence interactions, spanning from political leadership down to staff levels of all three armed forces, the D/o Defence Production and DRDO.
(With inputs from IBNS)
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