2nd Trade and Investment Working Group Meeting Began in Bengaluru
News Desk, News Nation 360 : Under India’s G20 Presidency, the 2nd meeting of the Trade and Investment Working Group (TIWG) began in Bengaluru on May 23, 2023, Tuesday. On the first day of the meeting deliberations on technology reshaping business and the role of technology in driving inclusive growth took place. The three-day meeting will see the participation of over 75 delegates from G20 member states, invitees, regional groupings, and international organizations. Secretary, Department of Commerce, Sunil Barthwal used this occasion to highlight India’s newly launched ‘Indian Foreign Trade Policy’. He highlighted how India's Foreign Trade policy emphasizes e-commerce and the country is committed and at the forefront of promoting digitization of the economy, by introducing Direct Benefit Transfer and linking Aadhaar with bank accounts and mobile phones. On the first day of the 2nd TWIG meeting, a seminar on Business and Technology was organized, in which topics such as technology reshaping business and the role of technology in driving inclusive growth were discussed. Further, two-panel discussions were also organized as a part of the meeting. While speaking on occasion, Som Prakash expressed hope that the 2nd meeting of the Trade and Investment Working Group would work towards breaking down barriers to international trade for a better future and shared prosperity. The minister added that representatives of industry, academia, R&D organizations, and government officials will work together to remove barriers and challenges in global trade.
Pic : Courtesy
Report : Anustup Kundu