Sunday 27 January 2013

Global summit at Agra to look for a way out of downturn

Come Sunday evening, politicians, economists and business honchos from across the world will gather in the city of the Taj to brainstorm on ways to beat the global downturn.
Delegates from 45 countries, including the US, South Korea, Japan and a number of African countries, are expected to participate in the three-day Global Parnership Summit organised by the Confederation of Indian Industry (CII) in Agra. The summit will be inaugurated by Vice-President Mohammad Hamid Ansari.
Trade and industry ministers from various countries will discuss problems related to policymaking. Commerce and Industry Minister Anand Sharma is likely to share India’s experiences in tackling effects of the global downturn, a Ministry official said.
WTO Director General Pascal Lamy, who has been steering the on-going Doha Round of global trade talks for almost a decade, is expected to talk about the importance of continuing with liberalisation to deal with the global crisis. OECD Deputy Secretary General Richard Boucher, World Intellectual Property Organisation Director General Francis Gurry and US Under-Secretary (Economic Growth, Energy and Environment) Kristof Szatmary are also expected to participate in the summit.

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