PM Modi to attend annual meeting WEF at Davos, Switzerland

Speed Post News Network

New Delhi : The Annual Meeting 2018 of the World Economic Forum (WEF) shall be held from January 23 to 26, 2018, at Davos in Switzerland on the theme of ‘Creating a Shared Future in a Fractured World’. PM Narendra Modi will be participating at the meeting. He will be the first Prime Minister to attend the Annual Meeting of the Forum since 1997.

The  meeting will be attended by 350 political leaders (among them over 60 heads of state or government), the chairs and chief executive officers of the world’s most important companies and over 1,000 leaders from among other walks of life.

The Prime Minister will address the inaugural Plenary Session on January 23. He will also meet top Global Business Leaders in Davos and interact with the members of the International Business Council consisting of 120 top chief executives of major transnational corporations across sectors, according to a PIB release.

Department of Industrial Policy and Promotion, Ministry of Commerce and Industry, will also host a welcome reception for the participants of Annual Meeting 2018, WEF, in the evening of January 22, 2018, which will showcase business opportunities in India as-well-as Indian heritage and Indian cuisine.

Finance Minister Arun Jaitley, Commerce & Industry Minister Suresh Prabhu, Rail and Coal Minister Piyush Goyal, Petroleum and Gas, Skill Development and Entrepreneurship Minister Dharmendra Pradhan, In-charge Minister, Ministry of DONER and Minister of State of PMO, Personnel, Public Grievances and Pensions, Atomic Energy and Space Jitendra Singh, and Minister of State for External Affairs M J Akbar will also be participating at the Annual Meeting 2018.

These Ministers will represent India in around 25 sessions organized on Next Generation Industrial Strategies, Infrastructure acceleration, Fourth Industrial Revolution, Future of employment in manufacturing and production etc. at the Annual Meeting and share the Prime Minister’s vision of transforming the nation into ‘New India’ by 2022, according to the PIB release. Elevan roundtables will also be organized by Invest India’ and CII with existing and potential investors.

India will showcase at this Annual Meeting the enormous business opportunities in India as well as the path-breaking reforms that have been implemented in the last three-and-half-years. They include wideranging FDI reforms which has brought in 195 billion dollars of FDI in this period. The recent 30 rank jump in the World Bank Doing Business report, which is the highest of any country in 2017, combined with the biggest ever tax reform of GST, Insolvency and Bankruptcy Code and other reforms will also be showcased during the Annual Meeting.