India–Singapore Trade and Investment Relations Within the Framework of India’s Act East Policy

Singapore is among India’s most significant trade and investment partners in the Association of Southeast Asian Nations (ASEAN). Bilateral economic exchanges have expanded strongly in recent decades, especially after the conclusion of the India–Singapore Comprehensive Economic Cooperation Agreement (CECA) in 2005. The role and position of Singapore have been increasingly affirmed in its relationship with India since India launched the Look East Policy in 1991 and upgraded it to the Act East Policy in 2014. It has good trade and investment relationships, and Singapore acts as a gateway and bridge connecting India with other ASEAN countries. In this study, the authors analyse the two countries’ existing cooperation mechanisms and frameworks, and the results of trade and investment between them.