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India's Modi expected to usher in new era of bilateral agreements in Singapore visit

Earlier this week, the Indian prime minister made his inaugural trip to Brunei where he met Sultan Hassanal Bolkiah. Modi is India's first prime minister that has made a bilateral visit to the oil-rich country. During his visit, Modi inaugurated the new Chancery premises of the High Commission of India in Brunei and paid a visit to the Omar Ali Saifuddien Mosque in Bandar Seri Begawan. The Indian prime minister had also visited Italy for the G7 summit, Russia, Ukraine and Poland in the last three months since his reelection.

On the agenda

It has been nearly six years since Modi visited Singapore, and political watchers are expecting a number of agreements to be signed between the two countries — particularly in finance and manufacturing. "The India-Singapore relationship has always been stable and strong. It is now expected to move to the next phase of collaboration which will be both an economic and strategic collaboration based on areas of long-term interest," Amitendu Palit, a senior research fellow and research lead of trade and economics at the Institute of South Asian Studies, told CNBC.

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