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DSG event to focus on new business links with India, China
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7 March 2011 |
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The Dubai School of Government, or DSG, a leading research and teaching institution focusing on public policy in the Arab world, on Sunday announced that it will host a panel discussion highlighting the changing dynamics driving trade between GCC and Asian countries.
Entitled "Building Bridges through Business: China, India and the GCC," the event will be held today in collaboration with global communications consultancy firm APCO Worldwide. The discussion will highlight the private sector's leading role in driving the development of new business ties between the regions. Four panelists will represent GCC, Chinese and Indian perspectives.
The panel includes APCO Founder and Chief Executive Officer Margery Kraus, Foreign Secretary of India Lalit Mansingh and James McGregor a journalist, author and China specialist. DSG Executive President Tariq Lootah will moderate the interactive discussion.
The panelists will examine the untapped resources available to help GCC-based businesses expand into the Chinese and Indian markets. They will also highlight common misconceptions and the least understood aspects about doing business in these regions, as well as the social and cultural initiatives that can effectively prepare public audiences for increased interaction.
Government policy changes that would directly boost private sector ties between the regions will also be discussed, along with implications for GCC and Chinese sovereign wealth funds.
"At DSG, we strongly believe in the importance of bridging cultures and promoting Dubai's role as a strategic hub for global commerce and industry. By providing a platform for an informed dialogue on business relations between the GCC, China and India, we seek to increase the awareness of policy makers, thought leaders and the general public about these crucial relationships," Lootah said.
The India-GCC Strategic Partnership Study Group held in Riyadh late last year placed the trade exchange between India and GCC countries above Dh235 billion in 2009, whereas global consultancy firm McKinsey forecasts trade between China and the GCC to more than triple to touch at least Dh1.28 trillion in the next decade. Statistics released by Dubai Customs in January 2011 show India holding the biggest share of non-oil trade transactions valued at Dh123 billion, or 26 per cent of the total. China is the Dubai's second largest non-oil trade partner, with a total of Dh37 billion.
Established in 2005 in cooperation with the Harvard Kennedy School, the Dubai School of Government is committed to the creation of knowledge, and dissemination of global best practices in the Arab world. The school conducts various programmes that seek to enhance the region's capacity for effective public policy.
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Source: beta.thehindu.com |
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