Singapore senior minister calls on Punjab CM
CHANDIGARH: A 24-member high powered delegation of Singapore government led by its senior minister Goh Chok Tong called on Punjab chief minister Parkash Singh Badal at his residence on Tuesday and put forth proposals to make investments in infrastructure development in Punjab by the Singapore government. The Singapore minister had detailed deliberations with Badal, who evinced keen interest for making huge investment in Airport, Power, roads and bridges and housing sector in Punjab to boost the bilateral trade and investment as a follow up to the economic agreement signed by the prime ministers of India and Singapore, an official spokesman said here. The Comprehensive Economic Cooperation Agreement (CECA) in 2005 to boost bilateral trade and investment besides opening up the banking industry, liberalising the services sector and easing visa restrictions for professionals of the two countries was signed between the premiers of both countries. The signing of Agreement was aimed to pave the way for the two countries to enhance their two-way trade to over $10 billion by the end of 2005-06 and to $50 billion by 2010.