Rail Minister Suresh Prabu, MoS for Commerce and Industry Nirmala Sitharaman and Rajasthan Chief Minister Vasundhara Raje will on Thursday address the inaugural session of the summit organised by Confederation of Indian Industry (CII) in collaboration with the Government of India.
Following the inaugural session, Abdulmohsen Medij Al Medij- Deputy Prime Minister and Minister of Commerce and Industry of Kuwait, Michael C Bimha- Minister of Industry and Commerce of Zimbabwe, Nikola Gruevski -Prime Minister of Macedonia with others will attend a plenary session on ‘Defining Shared New Realities’.
A session on WTO on the second day on Friday will highlight how the world trade body can be made more responsive to development needs and how its response will be in future to the ever expanding list of issues, including the proliferation of free trade agreements and rising non-tariff barriers.
The session will be addressed by the WTO Director General Roberto Azevedo, says an CII release.
Another session – “US and India: Co-Creating a Shared Future” will explore how the US can be a natural partner as India seeks to take its development process to the next level through Make in India initiative.
Speakers will discuss how the US and Indian companies can partner to ‘co-create’ the future and what the sectors are that hold the most promise for collaboration and how the existing tie ups can be ramped up still further.
Andrew Robb- Minister for Trade and Investment, Australia, Y B Dato Sri Mustapa Mohamed - Minister of International Trade and Industry, Malaysia and Gao Yan-China’s Vice Minister of Commerce will be among other panelists in a session on “Mega-Regional Trading Blocs: Implications for Emerging Economies”.
The potential of the Modi government’s initiative ‘Make in India’ to turn the country into a global manufacturing hub and to attract foreign investors will be discussed in another session on “Make-in India: Offering a New Partnership Opportunity to Industry,” the release said.
South Asia’s economic development and related issues will be under focus in another session which will have the participation of Bangladesh’s Commerce Minister Tofail Ahmed, ADB Philippines’s Vice President Wencai Zhang, WTO Director Shishir Priyadarshi, Afghan Ambassador Shaida M Abdali and others.
A special plenary session titled “Resurgent Rajasthan” will also be held and will be addressed by the state Chief Minister.
The last day of the Summit on Saturday will witness sessions on “Financing for Growth and Development”, “Growing Importance of Service Sector in Manufacturing Value Chains”, and “Global Development Agenda Beyond 2015” will be held.