Minister Piyush Goyal to participate in WTO Informal Ministerial meeting in Davos
Union Minister of Commerce and Industry & Railways, Piyush Goyal, will lead the Indian delegation to the 50th World Economic Forum (WEF) at Davos from January 20th to 24th 2020. The Commerce and Industry Minister will participate in the WEF along with Union Minister of State for Shipping and Chemical and Fertilizers, Mansukh L. Mandaviya. Among other ministers who are going to accompany them in the World Economic Forum 2020, include B. S. Yeådiyurappa, Chief Minister of Karnataka, Kamal Nath, Chief Minister of Madhya Pradesh, Manpreet Singh Badal, Finance Minister of Punjab and KT Rama Rao, IT Minister of Telangana. Secretary Department for Promotion of Industry and Internal Trade, senior officials of the Ministry of Commerce and Industry and Invest India are also part of the delegation. The Commerce and Industry Ministry recently announced this through a press release.
At a time when some economists and experts have their speculations on economic slowdown in India, the visit shall be of great significance for the nation.
Commerce and Industry Minister will hold bilateral meetings with Ministers of Australia, South Africa, Russia, Saudi Arabia, Switzerland, Korea and Singapore. Minister Piyush Goyal will also meet Director General of World Trade Organization and Secretary General of Organisation for Economic Co-operation and Development (OECD).
Apart from this Commerce and Industry Minister will hold bilateral meetings with CEOs of companies, attend WEF sessions and round tables on Accelerating Investments in Indian Railways and attracting Global Institutional Investments in India.
Commerce and Industry Minister will also take part in an informal WTO Ministerial gathering being held in Davos during this period.
The WEF annual meeting in Davos is known for creating a platform for the world’s top leaders to shape global, regional and industry agendas at the beginning of the year. The theme of the 2020 meeting is stakeholders for a Cohesive and Sustainable World.