Businesses can go to covid.gobusiness.gov.sg for more information regarding the temporary suspension of activities. 

For more information on special travel arrangements that Singapore has implemented with other countries/regions, please go to https://safetravel.ica.gov.sg.

X
A Singapore Government Agency Website
AA
A
A

Written reply to PQ on CECA

Written reply to PQ on CECA

Question

Mr Leong Mun Wai: To ask the Minister for Trade and Industry whether the Ministry intends to negotiate for better terms in the ongoing review of the India-Singapore Comprehensive Economic Cooperation Agreement (CECA) in light of the DBS group's merger with Lakshmi Vilas Bank.

Written Answer by Minister for Trade & Industry Mr Chan Chun Sing

1. The Third Review of the India-Singapore Comprehensive Economic Cooperation Agreement (CECA) has been ongoing since September 2018. We regularly review our Free Trade Agreements (FTAs) in tandem with changing economic patterns and flows between Singapore and our trade partners. These reviews are not linked to specific commercial transactions.

2. The amalgamation of Lakshmi Vilas Bank in November 2020 with DBS Bank India Limited is the result of a commercial decision by DBS. 

 
add HOME ABOUT US IMPROVING TRADE TRANSFORMING INDUSTRIES NEWSROOM RESOURCES LEGISLATION CAREERS
Contact Us Feedback FAQs