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The Singaporean economy is regarded as free, [254] innovative, [255] dynamic [256] and business-friendly. [257] For several years, Singapore has been one of the few [258] countries with a AAA credit rating from the big three, and the only Asian country to achieve this rating. [259]
Modi also made several visits to the US; [386] this was described as an unexpected development because of the US's earlier denial of a US travel visa to Modi over his role in the 2002 Gujarat riots. The visits were expected to strengthen diplomatic and trade relations between the two countries.