Objectives:

The increasingly close relations between India and Singapore in recent years have been underpinned by a dramatic growth in bilateral trade and investment linkages. India is looking for infrastructure investments, critical technologies and export markets. Singapore has surplus capital and could be a useful partner in infrastructure development in India as well as investment in Indian companies. In pursuance of its long-standing policy of having a balance of power that would help ensure peace and stability in the region, Singapore has also started strengthening its strategic partnership with India. Against the backdrop of such positive developments, the launch of the
India - Singapore Forum of Parliamentarians is of immense significance, as it will provide the parliamentarians of the two countries a common platform to dwell on issues of mutual interest.

The ISFP seeks to examine the scope, extent and focus of economic potential of the two nations to complement each other for mutual benefit. It will also analyze and make recommendations on the measures implemented by Singapore and India to further their defense and security partnership. In its bid to strengthen bilateral ties, the India - Singapore Forum of Parliamentarians will essentially exploit strategic and economic areas for cooperation between India and Singapore, such as, investment, joint production and marketing, and cooperation in trade.

Further, the forum will also provide a platform to the Parliamentarians to contemplate on how to boost the tourism, cultural and social interaction between the two countries. In a nutshell, the activities of the Forum are aimed at providing a greater breadth and depth to the Parliamentarian exchanges between India and Singapore and also to make significant contributions to the friendship and mutual understanding between the two countries.