Asia has a number of characteristics that make it a compelling destination both for trade and investment opportunities that lie within its continent and a gateway to the market of approximately 60 % of the world’s population. A continent of diverse economies from advanced, developing and emerging, Asia abounds in rich natural resources, competitive labour and stable political environment. The Asian economies have introduced wide ranging legislations to attract investors by creating world class infrastructure for economic zones, roads, ports and airports.
In 1980s, the global economy’s centre of gravity was in mid- Atlantic. Since 2000, the location of global growth has shifted dramatically towards developing countries in general and particularly Asia. With consistent strong economic growth in the past decade or more, rightly the focus is on Asia. In view of the importance of the continent the 4th edition of GES will focus on ASIA.
A significant characteristic of the growth model of Asia in the past two decades has been that of strategic regional cooperation. The most prominent framework of regional cooperation has been the Association of South East Asian Nation (ASEAN). The ASEAN Economic community (AEC) goal is the regional economic integration by 2015. South Asian Association for Regional Cooperation (SAARC) has been driving force behind the economic development of South Asian Countries. Several other structures of regional cooperation have sprouted in the form of Central Regional Economic Cooperation (CAREC), South Asia Sub Regional Economic Cooperation (SASEC), Indonesia Malaysia Thailand growth triangle (IMP-GT), the Brunei Darussalam Indonesia Malaysia Philippines East ASEAN growth area (BIMP-EAGA).
Undoubtedly these initiatives have led to increased regional cooperation within as well as outside Asia unfolding unprecedented opportunities in individual economies in terms of trade, investments, infrastructure and social development and ensuring balanced regional growth. Significantly, Asia has achieved remarkable success in integrating its economies with the global markets.
Asian Market Share
Mumbai once again gears to host the 4th edition of the Global Economic Summit, the flagship event of the World Trade Centre Mumbai and All India Association of Industries. This edition will feature Asia, the largest market which provides a great potential for trade, investments and technology across sectors. The Summit will gather 500 leaders from Asia and beyond. Over 3 days, the summit will offer various networking opportunities which will include plenaries, panel discussions, exhibition, B2B meetings, Industry visits and cultural events.
It is a well know fact that the growth of Asia has been possible largely due to the investments and trade that has flowed from other continents namely Europe, Canada, Africa, Australia, Middle East and Americas. The summit acknowledges their immense contribution and invites global partners to explore newer avenues for co operation. Simultaneously, the summit also invites Asian economies to seize this opportunity to promote their respective region during the summit.
Relevance of infrastructure for the growth of manufacturing sector
Relevance of technology, innovation and knowledge based industry
The emergence of women entrepreneurship in Asia and their empowerment
Significance of FTAs and Regional Economic Cooperation
Role of Trade Promotion Organizations and their contribution in creating linkages
Asia and Millennium Development Goals
An important highlight of the summit is the showcase of exhibitors from India and overseas displaying products and services in designated areas. The expo is organized with the view to project the business competitiveness of the participating companies who have excelled in various sectors of manufacturing, services and Agro business. Indian pavilion will showcase the strength of SMEs, business houses, corporations, financial institutions, government agencies and trade promotion organizations.
International pavilion will showcase overseas companies and provincial governments who seek to establish their presence in Asia or to further enhance their visibility.
A series of pre-arranged business meetings will be organized for the participating enterprises/exhibitors to facilitate strategic alliances.
Industry visits are being organized for the participating delegates to get first hand information about the Indian Industries and explore future partnerships.
WHO SHOULD PARTICIPATE/EXHIBIT?
Public Sector Units
Trade Promotion Organizations
Educational and Research Institutes
Business Service Providers
Exporters and Importers
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