Current Affair 1:

First thing is checking the trade form Ministry of commerce website, bilkul original and updated data:

Major exported items from India to Singapore:

India exported 5,190 commodities to Singapore in FY23.

Major exported items from India to Singapore include petroleum products (US$ 4.29 billion), engineering goods (US$ 2.46 billion), organic and inorganic chemicals (US$ 670 million), gems and jewellery (US$ 495 million), electronic instruments (US$ 392 million) during April- December 2023.

Major imported items by India from Singapore.

India imported 4,147 commodities from Singapore in FY23.

Major items imported by India from Singapore include electrical machinery and equipment and parts thereof (US$ 3.00 billion), petroleum products (US$ 2.37 billion), nuclear reactors, boilers, machinery, and mechanical appliances; parts thereof (US$ 2.24 billion), plastic and articles thereof (US$ 889 million), organic chemicals (US$ 888 million) from April- November 2023.

Framework of Relationship:

Key agreements include Comprehensive Economic Cooperation Agreement (CECA (2005), Double Taxation Avoidance Agreement (1994); Mutual Legal Assistance Treaty (2005) etc.

International forums: Both are members of forums like East Asia Summit, G20, Commonwealth, IORA (Indian Ocean Rim Association), and IONS (Indian Ocean Naval Symposium).

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