International leaders participated within the inaugural session of the CII Partnership Summit 2024 within the nationwide capital. Commerce Ministers from Italy, Israel, Bhutan, Bahrain, Algeria, Nepal, Senegal, South Africa, Myanmar, Qatar and the Secretary of State for the Ministry of Commerce of Cambodia are associate nations on the Summit.
Talking to IANS, Minister of Business, Commerce and Employment, Royal Authorities of Bhutan, Lyonpo Namgyal Dorji says: “India is a rising financial energy. There are a whole lot of international funding firms thriving in India and who’re extra within the area. So we’re right here to attach that community attain out as a result of Bhutan is growing give attention to international direct investments (FDI) in renewable vitality, IT enabled providers and hospitalities.”
Serigne Gueye Diop, Minister of Commerce and Commerce, Republic of Senegal, says: “India was one of many leaders in financial funding final yr, each globally and in Senegal, my nation, and in Africa. That is why we consider that India is now a gateway for African funding. On the similar time, it’s a very sturdy associate in expertise, IT, and synthetic intelligence.”
He added that in Senegal, greater than 100 firms investing in India right this moment.
“We consider that underneath the management of Prime Minister Narendra Modi, there’s rather more to come back when it comes to collaborative funding, each within the economic system and in expertise,” he added.
Myanmar Deputy Minister of Commerce, U Min Min says: “As Myanmar is a neighboring nation of India, we’ve long-standing diplomatic and historic ties. Immediately, we’ve the chance to satisfy not solely with regional nations but additionally with nations from all around the world. This provides us an opportunity to debate commerce, investments, and applied sciences throughout numerous sectors, the place we are able to trade views and experiences.”
Earlier, Union Commerce and Business Minister Piyush Goyal mentioned India affords a trusted hand of friendship and partnership to nations of the International South.
Sharing the widespread themes talked about on the session, he identified that stability, area, satellite tv for pc and sustainability have been most spoken of by the officers in attendance and emphasised that the world right this moment wants these discussions.
Talking about strengthening the economies of the associate nations, the Minister underlined the necessity for liquidity to make sure monetary stability to fund the longer term. Elaborating additional, the Minister famous that liquidity coupled with existence wants deeper reflection.
