Day 2 at 'MEA-PIC Asia Economic Dialogue 2021':
Join-in today (27th Feb) at 11 AM IST, for a panel discussion on 'Building Reliable Global Supply Chains'.
"As a principle of individualization, every company, being unique, should do what is correct for themselves."
says Mr. Rajiv Bajaj, Managing Director, Bajaj Auto (India)
at #AsiaEconomicDialogue
"A huge change is occurring in the service industry. The manufacturing industry too has experienced disruption in production, more so in the supply chains."
Dr. Inbom Choi, Senior Advisor, Mahindra Group (South Korea) at #AsiaEconomicDialogue
5 E's by Mr. Rajiv Bajaj, in the context of individualism as a guiding principle for re-engineering
"Excellence, Exigency, Economies of scale, Execution & Environment"
He is speaking at #AsiaEconomicDialogue 2021
"With a new product or service coming in, you tend to disrupt your existing business. EV has a huge scope as well as a market, but we need to overcome the initial inertia"
"With the USA, we had an element of continuity.
We are trying to work out details of proposals, to make the supply chain more resilient & work more in the indo-pacific region" - Mr. H. V. Shringla, Foreign Secretary, Govt of India
"Countries such as France, Germany, Netherlands have come up with a strong Indo-Pacific strategy.
We would like to see greater engagement with the EU on the Indo-pacific, defense & security, economy, & trade" - Mr. H. V. Shringla, Foreign Secretary, Govt of India @rameshmashelkar
"It time to recognize that many countries have other options, like adopting the open-door policy. India has to adapt and to build ties by working harder." @VGokhale59 at #AsiaEconomicDialogue
"The crisis of COVID19 has been that of unprecedented magnitude. We saw very high economic gyrations. We gave primacy to the security, safety & health of our employees as well as following the protocols"
LIVE now
A Panel Discussion on Whither WTO Post Covid-19 Pandemic?
Some of the points to be discussed:
What could be the way forward on WTO reforms? Lessons learned during the Covid-19 pandemic? How is the recent change in US administration like to affect @wto?
"The future of the WTO will depend on its response to the pandemic. We are looking for reforms based on inclusivity and development"
- H.E. Xolelwa Mlumbi-Peter, Ambassador and Permanent Representative of South Africa to WTO at #AsiaEconomicDialogue
Started: "Global Finance in a Post Covid-19 World"
It will cover:
"Economic damage, progress, what next and its time frame, and, assessing the response from the financial system today"
Mr. K. V. Kamath, Former President, New Development Bank is the session chair @rameshmashelkar
"Governments have taken a double hit, tax side, as well as they are needing to spend more." Ms. Manuela Ferro, Vice President (Operations, Policy, & Country Services), World Bank
"NPAs in the banking sector need attention. They are going to be a major risk in a financial system, especially the capacity of lending will be affected."
Mr. Shixin Chen, Vice-President (Operations 1), Asian Development Bank