The $20 million price tag is a low-cost campaign fee for a country that’s transforming its branding from being “a little red dot” on the shopping map, to becoming a precisely and globally positioned summit state that counts
Lee Kuan Yew transformed a “pestilential and immoral cesspool” into a glittering global city with the world’s highest per capita income and the highest percentage of home ownership. Lee also had grand vision for the role that India could play in Asia.
Recently signed sub-regional agreements will help India's 'Act East' by furthering trade and connectivity linkages as well as build strategic relations with important powers in Asia. China's regional integration growth in the past decade should be the benchmark for India.
By using information and communication technology innovatively, Singapore has overcome the challenges of limited size and resources. There are many lessons here for India which is collaborating with Singapore on the Smart Cities project – especially when it comes to affordable housing and transport planning.
Indian and Chinese companies routinely bid against each other in their quest to secure oilfields and other resource pools resulting in rising prices. However, a preferable recourse would be for the nations, along with ASEAN, to collaborate as there is enough for all
New Delhi has actively worked with Beijing to address its massive bilateral trade deficit. However, it has another option. India can seek greater economic integration with ASEAN and substitute its imports from China with that of ASEAN. The India-ASEAN Summit on December 20 would be a good place to start.