The India Singapore Comprehensive Economic Cooperation Agreement (CECA) entry
into force in 2005.
The India Singapore Comprehensive Economic Cooperation Agreement (CECA) include:
- A Free trade agreement including International trade in products and services and
Foreign direct investment (FDI).
- A bilateral agreement on Foreign direct investment (FDI)
promotion, protection and
- An improved Double Taxation Avoidance Agreement;
- A more liberal Air Services Agreement and Open Skies for Charter Flights
- A work program of cooperation in a number of areas including health care,
education, media, tourism and the creation.
Singapore accounts for 38% of the Foreign trade of India with
ASEAN (Association of Southeast Asian Nations) member
3.4% of its total trade. Top exports products of India to Singapore
(2005) are: petroleum, gemstones, jewellery, machinery. Top Imports of India from
Singapore: electronic products, organic chemicals and metals. 50% of exports of Singapore to India are "re-exports" products.
India is 10th biggest trade partner of Singapore in 2010 with total trade amounting to S$30.7 billion, up from S$21.6 billion in 2009.
Foreign direct investment (FDI) of Singapore into India have increase fourfold
to 13 billion Singapore USD since 2005, and Singapore is 2th
biggest foreign investor after Mauritius.
The sectors which Singapore gets preferential
market access are: business services, construction and related engineering services,
telecommunication services, tourism and travel related services and
The objective of the India Singapore Comprehensive Economic Cooperation Agreement (CECA)Foreign direct investment (FDI) chapter
is to promote and protect Foreign direct investment from India and Singapore.
Example of the course India Singapore Agreement (CECA):
Master in International Business for Singaporean students - Master Indian students
EENI in Hindi: मास्टर विदेश पार