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New Delhi : Finance Minister of India Arun Jaitley will leave on an official visit to Singapore on November 14, 2017, night. He will be on two- day visit to Singapore on November 15 &16, 2017. The Finance Minister will be accompanied by Subhash Chandra Garg, Secretary, Department of Economic Affairs (DEA), Ministry of Finance. During the visit, Jaitley will re-enforce close ties between India and Singapore.
On November 15, Jaitley will visit the Singapore Expo and deliver the Keynote Address at Singapore Fintech Festival, a global event attracting over 10,000 participants. He will also pay a visit to the India Pavilion set- up at the Expo showcasing India’s achievements in advancing financial technology, both within and outside the Government, according to aPIB release.
On November 16, Jaitley will deliver the Keynote Address at Morgan Stanley 16thAnnual Asia Pacific Summit in Singapore on “India: Structural Reforms and Growth Path Ahead”. As part of the Summit, Jaitley will meet the senior management of Morgan Stanley, and also address a gathering of Senior Fund Managers and key Financial Institutional Investors. During the visit, Jaitley will meet the Deputy Prime Minister (DPM) of Singapore Tharman Shanmugaratnam to discuss the bilateral issues with him. He will also discuss investment and other issues with his Singapore counterpart and the Finance Minister Heng Swee Keat. During the visit, Jaitley is also scheduled to meet the Prime Minister of Singapore Lee Hsien Loong, according to the PIB release.
An Investors’ Roundtable is being organised by the Ministry of Finance, Government of India, and the Indian High Commission in Singapore to showcase to foreign investors slew of investor friendly reforms undertaken by the Government of India and also to understand their ideas and suggestions about ramping-up investments in India. The Finance Minister will also address the investors in the beginning. The participants at the Investors’ Roundtable include Senior Executives of Leading Institutional Investors and Business Houses in Singapore, who control significant investments globally and have either existing investments in India or are contemplating such investments in the country in the near future.
Jaitley will also have meetings with CEOs of GIC, the Sovereign Wealth Fund (SWF) of Government of Singapore, the Chairman of Development Bank of Singapore (DBS), CEO of Singapore Airlines, Chairman of Blackstone Asia Pacific and CEO of Singapore Stock Exchange among others. Jaitley will also interact with the Chairman and Board of Directors of Temasek, a leading investment company, headquartered in Singapore.