NITI Aayog’s Workshop on Making Trade Fair for Everyone

Trade Fair for Everyone

Trade Fair for Everyone: NITI Aayog is gearing up for an important event on November 6, 2023. They are arranging a one-day workshop with the theme “Inclusive Trade for Prosperity.” This event will be held at New Delhi’s Hotel Taj Mahal and is part of a series of 10 feeder thematic workshops connected to the G20 New Delhi Leaders’ Declaration (NDLD).

The Workshop’s Purpose:

The primary aim of NITI Aayog’s workshop is to provide a platform for experts, think-tanks, academics, and various stakeholders to come together and brainstorm ideas on how to improve and broaden the impact of the NDLD. The workshop’s specific focus is on inclusive trade, which means trade that benefits everyone and contributes to a country’s growth and prosperity.

Exploring Key Topics:

The workshop will delve into several critical areas related to inclusive trade:

a. Unpacking Global Value Chains (GVCs):
– Understanding how products are made and moved globally.
– Strategies for enhancing production and trade.
– Promoting sustainability and resilience.

b. Promoting Inclusive Trade for Growth:
– Supporting developing countries, particularly less developed ones.
– Advocating for transparent and fair trade rules.
– Reducing barriers to trade.

c. Addressing Challenges in Inclusive Trade:
– Backing small and medium-sized enterprises (SMEs).
– Expanding markets and diversifying trade.
– Encouraging exports from various regions.

The Workshop Series:

This workshop is just one piece of a broader series of ten thematic workshops scheduled from November 1, 2023, to November 9, 2023. Each of these workshops covers various important themes, including G20 to G21, Data for Development, Tourism, Digital Public Infrastructure, Sustainable Development Goals, Trade, Indian Development Model, Women-Led Development, Reforming Multilateral Development Banks & Climate Finance, and Green Development.

Conclusion: Trade Fair for Everyone

NITI Aayog’s “Inclusive Trade for Prosperity” workshop is a significant event where experts and stakeholders will converge to explore ways to make trade fair and beneficial for all. The workshop is part of a series of ten workshops covering a wide array of essential topics. It presents an exciting opportunity to discuss how trade can contribute to a nation’s growth and prosperity.


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