30 November 2009

OECD's Gurría to address Delhi symposium, present India investment study

OECD Secretary-General Angel Gurría will visit India on 3-4 December to meet senior government officials, to address a symposium on global economic prospects and the Indian economy and to present a new OECD review of India’s investment policies.

As the world economy struggles to pull out of recession, India is one of several major emerging economies that continues to show positive growth. In the short term, according to the OECD’s latest projections, poor monsoon rainfall will hamper the ongoing economic recovery in India only modestly. Growth is projected to rise above 7% in 2010 and 7.5% in 2011.

India participates in many areas of the OECD’s work as one of five major economies, along with Brazil, China, Indonesia and South Africa, with which the OECD launched an “enhanced engagement” partnership to develop joint responses to pressing global economic issues. During his visit, Mr. Gurría will meet with senior Indian government officials with a view to strengthening and broadening bilateral cooperation.

On Thursday 3 December, Mr. Gurría will address the India-OECD Symposium organised jointly with the Indian Council for Research on International Economic Relations (ICRIER). Other speakers will include Dr. C. Rangajaran, Chairman of the Economic Advisory Council to the Prime Minister of India, Ms. Usha Throat, Deputy Governor of the Reserve Bank of India and Dr. Rajiv Kumar, Director and Chief Executive of ICRIER.

On Friday 4 December, Mr. Gurría will join India’s Minister of Commerce and Industry, Mr. Anand Sharma, for the public launch of the OECD’s Investment Policy Review of India, at an event organised by Department of Industrial Policy and Promotion, Ministry of Commerce and Industry.

In parallel with these events, the OECD will organise a seminar on regulatory reform on 3 December. On 4 December, a seminar on e-government is being organised jointly with India’s Ministry of Communication.

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