International Trade Conclave Dubai 2015

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1 International Trade Conclave Dubai 2015 Indian Institute of Foreign Trade Theme: GCC Trade and Investment Flows: Implications for the Indian Economy Date: 19 th September, 2015 from 3.00 PM 6.30 PM Venue: Holiday Inn Bur Dubai, Al Maha Ballroom 1 Education is the true alchemy that can bring India its next golden age Shri Pranab Mukherjee President of India

2 About IIFT At the initiative of Pandit Jawaharlal Nehru, Indian Institute of Foreign Trade (IIFT) was set up on May 2 nd, 1963 as an autonomous organization to help professionalize the country's foreign trade management and increase exports by developing human resources; besides generating, analyzing and disseminating data; and conducting research. The Institute visualizes its future role as: INTERNATIONAL TRADE CONCLAVE - DUBAI 2015 A catalyst for new ideas, concepts and skills for the internationalization of the Indian economy ; As the primary provider of training and research based consultancy in the areas of international business, both for the corporate sector, Government and the students community ; As an institution with proven capability to continuously upgrade its knowledge base with a view to servicing the requirements of the Government, trade and industry through both sponsored and non sponsored research and consultancy assignments. The Institute's portfolio of long term programmes is diverse, catering to the requirements of aspiring International Business executives and mid career professionals alike. These are: PhD Programme Two year MBA (International Business), New Delhi, Kolkata, and Dar es Salaam Three year MBA (International Business) (Week end Programme), New Delhi and Kolkata Executive Masters in International Business, New Delhi Certificate Programme in Export Management, New Delhi IIFT has, over the years, undertaken path breaking research studies with organizations like WTO, World Bank, UNCTAD and the Ministry of Commerce & Industry, Government of India. The Institute has also trained more than 40,000 business professionals across the world in various facets of international business and trade policy via its Management Development Programmes. Hon ble Minister of State for Commerce and Industry Dr. Nirmala Sitharaman at 4th EIITF Conference on 18th December, 2015 at IIFT, Delhi

3 International Trade Conclave, Dubai 2015 INTERNATIONAL TRADE CONCLAVE - DUBAI 2015 IIFT is organizing its major corporate event `International Trade Conclave 2015 on 19 th September, 2015 in Dubai. IIFT has been organizing the International Trade Conclaves successfully since last few years. After the success in 2013 and 2014 Conclaves in Dubai, it was decided to hold the event in Dubai again and leverage new momentum generated by the visit of Indian Prime Minister to Dubai for the growth of trade and investment relations between India and Gulf Cooperation Council (GCC) Countries and to understand the perspective of the corporate leaders from several respected organizations of Dubai on trade and investment. The Summit will witness participation from industry leaders in trade sector and illustrious alumni of IIFT based in Dubai and UAE. The event aims to serve as a platform for leadership across domains to share their business acumen and valuable opinions on select themes with the future leaders of the industry, the students of IIFT. It endeavors to prepare a stage where ideas are thrown up for debate and discussion, where views are exchanged and the participants draw key business insights from the minds of the decision makers themselves. The structure of the summit has been designed to encompass the entire gamut of business operations, to provide a holistic view of the concept of domestic as well as international business and to ensure maximum learning.

4 Theme: GCC Trade and Investment Flows: Implications for the Indian Economy INTERNATIONAL TRADE CONCLAVE - DUBAI 2015 The shale gas revolution in the United States shifted Gulf countries economic focus towards emerging markets. Asia has emerged as the most important trading partner of GCC countries both in terms of exports of Hydrocarbons and imports of machinery and manufactured products ($814 billion accounting for 57% of its total trade). At the same time, India has also taken major strides in diversifying its export markets in the past few years. There is a shift in the share from traditional markets in advanced countries to new markets in the emerging economies. The share of India s exports to Europe and North America has declined since 2005, while those to Africa, Asia Pacific and Latin America and Caribbean have registered moderate to high increase during the corresponding period. These shifts in export markets reflect the emerging export opportunities for India in these regions. UAE has become the largest trading partner of India followed by China replacing USA. The bilateral trade between India and GCC during was $ billion, marking a 7.86 percent increase over the previous year. Apart from merchandise trade, the GCC countries have discovered opportunities in developing service sectors like retail, finance and telecommunication. The growing trade ties between GCC and India have been supplemented by strengthened bilateral relations during the visit of the Prime Minister of India, Shri Narendra Modi to UAE during August 16 17, It is not just growing trade and finance between GCC and India but also Indian diaspora settled in GCC countries. Indians constitute about 38% of the total expatriate population in the region and they are a major source of remittances. Thus, the GCC as a collective entity has tremendous significance for India. Expected outcome of the event: As India intends to increase trade and investment ties with GCC, it is imperative that the conclave results in providing significant viewpoints on the following key aspects: Challenges in improving trade and investment relationship between India and GCC What does the future holds for the India GCC trade? Potential Sectors and untapped opportunities to focus upon The details of the event are as follows: Theme: GCC Trade and Investment Flows: Implications for the Indian Economy Date: September 19, 2015 from 3.00 PM 6.30 PM Venue: Holiday Inn Bur Dubai, Al Maha Ballroom 1

5 Reminiscing International Trade Conclave, Dubai 2014 In order to understand how India can utilize, mobilize and restructure its resources and framework to benefit the most from the enhancing importance of global value chain, IIFT organized the International Trade Conclave on the theme Revolutionizing Trade by Unlocking the Potentials of the Global Value Chain at Grand Excelsior Hotel Bur, Dubai on September 25 th, The event was professionally conducted and brought together eminent resource persons from Industry, Financial Institutions, Policy Makers, and around 30 MBA Students from IIFT to deliberate on the trade and investment policies dealing in the area of trade and supply chain. The Conclave was divided into two parts: The Inaugural Session and the Technical Session. The inaugural session was graced by Dr. Surajit Mitra Director, IIFT, Mr. Anurag Bhushan, Consul General of India, Mr. Ajay Mathur, President of Dubai Alumni Chapter of IIFT and Dr. Jaydeep Mukherjee, Faculty in Economics, IIFT. The second session of the trade conclave was dedicated to the discussion on the central theme of the conclave, with experienced and celebrated corporate professionals from Dubai based companies. The session was graced by 7 eminent speakers from various trading & business companies, shipping and logistics firms specializing in steel, Oil & Gas and Marine services, namely, Mr. Kenneth A D'Costa Managing Director, IFFCO, Mr. Navin Kapoor from Xpertize United, Dr. Ashraf Ali Mahate, Head of Export Market Intelligence, Dubai Exports, Mr. Dilip S Kumar, General Manager Al Gurg Steel Group, Mr. Krishna Prasad Managing Director, Aster Marine Cargo LLC, Dubai, Mr. Satender Sharma, Vice President (Commercial), Petrofac and Mr. Thomas Pagonis from Al Ghurair Resources. Besides the above speakers, the Conclave was attended and supported by to level corporate professionals from Dubai based trading companies. The prominent among them include Al Ghurair Resources, IFFCO, Transmart DMCC, Microsoft, Dabur International, Transbulk Shipping DLCC, ETA to name a few.

6 International Trade Conclave, Dubai 2013: A Snapshot In the backdrop of an uncertain global growth prospects and to emphasize upon the vision to become a single stop hub for International Business Strategy, analysis and information, Indian Institute of Foreign Trade organized the International Trade Conclave on the theme Trade and Investment: Recent Challenges and Implications for World Economy, at Hotel Dhow Palace, Dubai, on September 28 th, The event was professionally conducted and brought together eminent resource persons from Industry, Financial Institutions, Policy Makers, and around 35 MBA Students from IIFT to deliberate on the trade and investment policies for dealing with this global uncertainty. The Conclave was divided into two parts: The Inaugural Session and the Technical Session. The inaugural session was graced by Dr. Surajit Mitra Director, IIFT, Mr. Sanjay Verma, The Consul General of India Dubai, Mr. Ajay Mathur, President of Dubai Alumni Chapter of IIFT and Dr. K. Rangarajan, Professor and Head Kolkata Centre, IIFT. The second session of the trade conclave was dedicated to the discussion on the central theme of the conclave. The session was graced by 8 eminent speakers from various trading & business companies, shipping and banks & financial Institutions. These include Mr. Rajesh Somani from Swiss Singapore Overseas Enterprise Pvt. Ltd., Mr. Dilip S. Kumar from Al Gurg Steel Group, Mr. Sujat Shetty from GBMT Group, Capt. Vivek Kapur from Glimpex Group of companies, Mr. Rajiv Nigudkar, a Senior Trader at Al Ghurair Resources, Mr. Vincent Valladares, from the Commercial banking division of Citibank Middle East Operations, Dr. R. Durga Doss Aiyer from S.T. Bhatias and Mr. Dilip Hiremath from Mashreq Bank.

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