After Wimbley, Modi gears uo to woo NRIs in Malaysia
Modi will address the East Asia Summit on Sunday. For Modi, this visit was important to seek investment for infrastructure at home – the United Kingdom is the single largest G20 investor in India, bigger than the U.S. – and engage with an estimated 1.5 million British Indians and 300,000 Non-Resident Indians, the largest Indian expatriate community outside the Persian Gulf.
In Malaysia, Modi will be attending the ASEAN-India Summit on November 21 and the 10th East Asia Summit the next day, besides holding talks with Prime Minister Najib Razak and a few other world leaders who would be attending the Summits.
Against the backdrop of “intolerance” debate, Prime Minister Narendra Modi has said that India has tremendous social strengths, including pluralism.
This includes the inauguration of the Torana Gate which was launched in 2010 by Modi’s predecessor, Manmohan Singh.
He also said the Indian community events were planned in Singapore and Malaysia as well.
Addressing information individuals at Antalya, Ministry of External Affairs ( MEA) official spokesperson Vikas Swarup stated Turkish President Recep Tayyip Erdogan expressed eager curiosity in having the Comprehensive Economic Partnership Agreement with India. “Our diaspora must be saluted for their accomplishments and bringing the two nations closer”, he said.
Talking about Modi’s program in Singapore, Wadhwa said the Prime Minister will deliver the prestigious Singapore Lecture soon after his arrival on the evening of November 23 from Malaysia. “Their achievements in urban development, urban transport, waste management, development of ports and skill development are well known”, he said. Modi said terrorism is the main global challenge today and “from regions in conflict to the streets of distant cities, terrorism extracts a deadly price”.
The bilateral trade with Singapore is about Dollars 17 billion and Singaporean companies are very active in India since early 1990s, including in equity markets. Giles Frampton, Business Development Director at British Solar Renewables commented: “It is a great shame that the UK Government has turned its back on renewable energy in general and solar PV in particular whilst most other governments around the world recognise the huge contribution that solar PV can make as a rapidly deployable and cost effective solution to the world’s growing energy needs”.
Rafidah said while economic integration had been the catalyst of Asean, the people agenda must also be highlighted to create the Asean identity. Reports suggest foreign direct investment (FDI) in India has gone up by 15 per cent in the first half of 2015 to $20.5bn (£13.4bn).
Modi will visit Institute of Technical Education and pay homage at the INA Memorial Marker at Esplanade Park.
The AMR for banks operating in Singapore, such as BNP Paribas and Standard Chartered, is much higher than that of Indian banks.
He also pushed ahead his proposal for forming an alliance of solar-rich countries at the upcoming Climate Summit in Paris and said that the G-20 nations must build support systems focused on nations with maximum growth potential.