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India projects itself as a reliable partner, stable economy and an appealing venture objective at World Economic Forum, Davos

Shri Piyush Goyal, Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, who drove the group India at World Economic Forum (WEF) in Davos from 23-25 May 2022, completed his excursion with a few significant level commitments pointed toward extending India as a solid accomplice, a steady economy and an appealing speculation objective. Shri Goyal, who was joined by two Union Ministers, viz. Shri Mansukh Mandaviya, Union Minister for Health and Family Welfare and Shri Hardeep Puri, Union Minister for Petroleum and Natural Gas, utilized the WEF stage to additional assist with building up its situation as a significant partner in molding the worldwide story.

The Minister held gatherings with Mr. Khalid Al-Falih, Minister of Investment, Saudi Arabia, Said Mohammed Ahmed Al Saqri, Minister of Economy, Oman and Thani Ahmed Al Zeyoudi, Minister of State for Foreign Trade, UAE other than Secretary General of Gulf Cooperation Council (GCC) Nayef Al Hajraf, CEOs of DP World Sultan Ahmed Bin Sulayem, and Khaldoon Al Mubarak CEO and MD, Mubadala Investment Company to assess the current exchange and venture relations and underscored the requirement for closer coordination.

Shri Goyal additionally met CEOs including Arvind Krishna, CEO IBM, Alexander R. Wynaendts (Chairman-choose, Deutsche Bank, Bill Winters, Group CEO, Standard Chartered Bank, Bruce Flatt, CEO, Brookfield Asset Management Inc, Sanjay Mehrotra, President and CEO, Micron, Pat Gelsinger, CEO, Intel, Alan Jope. President, Unilever, Benoit Bazin, CEO, Saint Gobain, Anil Agarwal, Executive Chairman, Vedanta Resources, wherein he underscored upon India as an incredible venture objective with various government mediations including Gati-shakti, Asset Monetization program, Start-Up India, National Infrastructure Pipeline and Investment Corridors.

Shri Goyal held gatherings with heads of different nations, territorial and multilateral establishments including John F. Kerry, Special Presidential Envoy for Climate, National Security Council, USA, Gina Raimondo, Secretary of Commerce, US Department of Commerce, Simon Kollerup, Minister for Industry, Businers and Financial Affairs, Denmark, Ngozi Okonjo-Iweala, DG, WTO, Muhammad Lutfi, Minister of Trade, Indonesia, Fatih Birol, Executive Director, International Energy Agency, Queen Maxima of Netherlands, Guy Parmelin, Federal Department of Economic Affairs, Education and Research of Switzerland, Klaus Schwab, Founder and Chairman, WEF, Valdis Dombrovskis, Executive Vice President, European Commission, to project the India story and illuminate about the changes being embraced by the public authority for working on the simplicity of-carrying on with work and the speculation environment.

Shri Goyal likewise tended to various meetings, remembering the Breakfast meeting Discussion for Trade 4.0, Invest India Round Table on Investment in India, India at 75: Strategic Outlook, The 2030 Industrial Development Agenda and ‘Exchange now: what’. In his location the clergyman stressed that the India story had been getting a great deal of excitement across the world disregarding requirements like Covid 19, chip deficiencies, struggle, rising product costs, holder deficiencies and huge delivery and coordinated operations issues, which caused enormous inventory network disturbances and startled the worldwide economy. Talking about the new wheat send out guideline, the Minister accentuated that India wheat sends out are under 1% of world exchange and our product guideline shouldn’t influence worldwide business sectors. He said that India will keep on permitting commodities to weak nations and neighbors,

In his next leg of the two-day visit, Shri Goyal is arriving at UK tomorrow, where he will have conversations with UK Government and organizations on the headway made in FTA discussions and the way forward. During the Summit Meeting between the Prime Ministers of India and the UK, the two chiefs had set the course of events of Diwali 2022 for conclusion of the FTA between the two nations

READ ALSO : Road accidents in India is decrease by 18.46 percent in year 2020 compared to 2019: Data released by Transport Research Wing- MoRTH

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