Image by: Singapore Business Federation

On 24 November 2025, the Singapore Business Federation鈥檚 Centre for the Future of Trade and Investment (CFOTI) convened the Singapore鈥揑ndia Trade and Customs Roundtable at The Treasury. The session focused on the implementation of the Authorised Economic Operator鈥揗utual Recognition Arrangement (AEO鈥揗RA), which entered into effect on 1 September 2025.

Supported by the Ministry of Trade and Industry, Singapore Customs, and the High Commission of India in Singapore, the roundtable gathered close to 30 companies from sectors such as logistics, manufacturing, technology, and agri-business. The discussions centred on strengthening bilateral trade facilitation, enhancing supply chain security, and expanding the benefits accessible to trusted traders.

Image by: Singapore Business Federation

Indian High Commissioner to Singapore, His Excellency Dr Shilpak Ambule, emphasised India鈥檚 commitment to supporting businesses and improving supply chain resilience. He also introduced India鈥檚 Semiconductor 2.0 initiative, aimed at advancing the country鈥檚 semiconductor ecosystem. Singapore Customs briefed participants on the STP Plus Programme, a voluntary trusted trader scheme offering expedited clearance, reduced inspections, and enhanced facilitation during disruptions, linked to the AEO鈥揗RA via the OBIN platform.

India Customs outlined the tiered benefits of India鈥檚 AEO programme, including duty deferment, reduced guarantees, and priority scanning. Officials additionally announced bilateral collaboration on a 鈥済reen lane鈥 initiative to support smoother movement of semiconductor goods between both countries. A panel discussion addressed practical issues related to deferred duty payment, licensing, and sector-specific requirements for industries ranging from agri-food imports to semiconductor flows.

Participants agreed that enrolling in Singapore鈥檚 STP Plus Programme would enable companies to unlock significant advantages under the AEO鈥揗RA framework. Authorities reiterated their commitment to assisting businesses through dedicated relationship managers and streamlined processes, even for firms still working towards full compliance.

Source: Singapore Business Federation