In view of rapid globalisation and usage of modern techniques in conducting business activities and to explore explicit growth in India-Singapore trade, a delegation of the Confederation of All India Traders (CAIT) will be leaving for Singapore on Tuesday for a three days visit on invitation of Monetary Authority of Singapore (MAS) and Infocom Media Development Authority of Singapore (IMDA). The delegation will be led by CAIT National President B C Bhartiya andÂ Secretary General Mr. Praveen Khandelwal.
As a part of the visit and with a view to create a pilot for an India Singapore Trade Corridor, MAS and IMDA have invitedÂ CAIT, accompanied by Global Linker to a three day visit to Singapore as a part of a â€˜Study Tourâ€™. The CAIT has tied up with Mastercard and Global Linkers to offer a solution for rapid digitalization of the business community of India.
The primary objective of the Study Tour is to immerse CAIT officials in the concept of Business Sans Border (BSB) an initiative of MAS and IMDA by leveraging Global Linkers participation and to get the views of the CAIT representatives on the BSB program to construct and to secure their participation in the pilot program.
In addition to the meetings and briefing by MAS and IMDA, the team will also visit two innovation labs of BSB participant organizations – SAP and Mastercard. A few other related meetings are also being organized including a meeting with the Singapore India Chamber of Commerce to explore the Singapore India Trade corridor opportunity and with the Singapore Business Federation.
The CAIT study tour is a unique and specially constructed program by the Monetary Authority of Singapore, Singaporeâ€™s very progressive financial services regulator, who is committed to helping small businesses from around the world to have access to a range of AI and demand-supply aggregation capabilities. MAS enjoys a very special relationship with India and is committed to helping the growth of Indo Singapore trade and the overall betterment of Small Businesses, who are significant contributors to India and Singaporeâ€™s economies.
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