Bigger India
How advance pricing agreement helps India-Singapore business ties
Since its very inception, the advance pricing agreement programme has been a success in India as a dispute avoidance mechanism.
The ties between India and Singapore have a deep rooted history of commercial and cultural links.
The strength of the business connection between the two countries is also reflected in their growing trade. According to a report India-Singapore Relations released by the ministry of external affairs of India in September 2017, Singapore is the 10th largest bilateral trade partner of India and the second largest among the Association of South East Asian Nations (Asean).