PM Modi addresses world’s largest financial technology festival Fintech in Singapore

Prime Minister Narendra Modi addressed world’s largest financial technology festival Fintech in Singapore this morning.  Addressing the gathering, Prime Minister said Fintech is a celebration of belief in the spirit of innovation and power of technology. Mr. Modi said, this also is a festival of belief in the energy of youth and passion for change.

Prime Minister said, technology is creating boundless opportunities to transform lives. Mr Modi said, it is defining competitiveness and power in the new world. Mr Modi said, it is a great honour to be the first Head of Government to deliver his address at Singapore in the event. He said, it is an acknowledgment of the financial revolution sweeping through India and transforming the lives of 1.3 billion people.

About 30 thousand people attended the keynote address of Mr. Modi at this Festival.

Prime Minister arrived in Singapore this morning on a two-day visit to attend the East Asia Summit, ASEAN-India informal meet and the Regional Comprehensive Economic Partnership, RCEP Summit.

Prime Minister Modi will also attend the RCEP Summit to review the progress made on the negotiations to finalise the proposed free trade agreement. It is being negotiated amongst sixteen countries including ten ASEAN Member States and India, Australia, China, Japan, New Zealand and Republic of Korea.

Mr. Modi will also hold several bilateral meetings today.  He will hold talks with US Vice President Mike Pence and Prime Ministers of Singapore, Australia and Thailand.

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