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'Managing growth is the biggest task', Shri Kamal Nath
24
Jan '08
Among the first events of the World Economic Forum (WEF) meet at Davos, was inaugurated by Shri Kamal Nath, Minister of Commerce and Industry, opened a discussion on the Asian Renaissance, which is drawing the attention of the think tanks all over the world.

As the Asian region grows in economic importance its future leadership (and growing soft power) is taken as given the world is increasingly looking at east for greater economic engagement.

Shri Kamal Nath who recently released his book called India's century was the chief panelist. Shri Shashi Tharoor, former UN diplomat and Shri Kishore Mahbhubani, Dean of Lee Kuan Yew School of Public Policy, Singapore.

Shri Raju Narisetti, Managing Editor, Mint, HT Media, was the moderator. The event was attended by members of the young global leaders which operate under the aegis of WEF

Commenting on the recent global market sell off, Shri Kamal Nath felt that India should be out of it soon as the changing global economic architecture means that the ingredients of fundamentals contributing to such changes are shifting with increasing importance for Indian economy.

Answering questions from the young global leaders on how should we understand Asia's re-emergence and growing leadership on the world stage and will the rise of Asian economic power be accompanied by a re-emergence of Asia's soft power, Shri Kamal Nath stated that the rules of international trade are changing and west no longer can remain the custodian for such rules. Managing growth is the biggest task ahead of us, Shri Kamal Nath further underlined.

Press Information Bureau Government of India

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