Singapore Senior Minister Goh Chok Tong told Indian President that his country is considering a special economic zone (SEZ) in India that would help boost Foreign Direct Investment. The visiting Indian President and his counterpart said that the two countries would work towards creating an Asian economic community and explore potential for cooperation in science and technology (S&T). These measures will help India realize its goal of achieving USD 30 billion trade with ASEAN nations in the next few years.