NEW DELHI: Singapore is expected to press India for an investment regime on the lines of the one it has with Mauritius when prime minister Lee Hsien Loong comes to New Delhi on a state visit later this week.
Singapore has emerged as the second-biggest source of foreign direct investment for India, but the country is keen to renegotiate the bilateral agreement with New Delhi to be able to give competition to Mauritius that accounts for nearly 40% of FDI into India. Full story
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