Singapore and Russia have agreed to explore further cooperation in several areas, such as airport management, industrial park and city planning, information and communications technology, education, and healthcare. They also agreed on collaboration in projects in places such as Moscow, St Petersburg and Vladivostok.
Singapore’s Foreign Affairs Ministry announced this on Wednesday (Sep 10) after the Deputy Prime Ministers of both countries took stock of bilateral cooperation over the last five years.
Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam and Russia’s First Deputy Prime Minister Igor Shuvalov had co-chaired the Fifth Session of the High-Level Russia-Singapore Inter-Governmental Commission (IGC) in Singapore.
A joint statement noted successful tie-ups such as consultancy services for the marketing and management of the “Moglino” Special Economic Zone in the Pskov region of Russia.
Both sides welcomed talks on a project to set up a technopark in Ramenskoye, as well as an agreement between Business Russia and International Enterprise Singapore to enhance business collaborations from both sides. They also agreed to help Olam International, a major Singapore investor in Russia, complete its planned production capacities there, by the end of this year.
The Russia-Singapore Inter-Governmental Commission (IGC) will convene in Russia next year.
Source : Channel News Asia | September 10, 2014