26 Jan 2014 16:00pm
By Maggy Thomas
BANGALORE, 26 JAN (NAMPA) A Namibian business delegation led by Minister of Trade and Industry Calle Schlettwein arrived in Bangalore, India on Saturday to attend a three-day Partnership Summit.
The summit will commence on Monday under the title Emerging Global Value chains: Building Partnerships.
The gathering is expected to be attended by, among others, Ministers of Trade and Industry from countries such as the Czech Republic, Fiji, Indonesia, Iraq, Japan, Macedonia, Malaysia, Mauritius, Namibia, Qatar, Singapore, Tanzania, United Arab Emirates, Zambia, Zimbabwe, Cambodia, Canada and Mexico.
The summit will deliberate on issues such as how globalisation has motivated companies to restructure their operations internationally through outsourcing and offshoring of activities.
Delegates will also deliberate on the emergency of global value chains challenges, conventional wisdom and outlook on economic globalisation, and the policies which are developed around it.
The participants will also look at challenges and opportunities facing the emerging markets and developing economies as they seek to integrate into the global production chain.
Delegates will also deliberate on how building partnerships will help the integration of companies from developing countries into the global value chain.
Schlettwein is expected to deliver a statement, and will be a panelist at a plenary session on Service as a critical component in global chain: Challenges for developing countries, which will take place on Tuesday.
Upon its arrival in Bangalore, the Namibian delegation visited the Bangalore Electronic City - one of India's largest electronic industrial parks - and the International School of Business and Research (ISBR).
In their schedule, the Namibian Trade Minister and his delegation will visit the Bangalore International Exhibition Centre on Monday.
Schlettwein is also scheduled to have a meeting with Indian Minister of Commerce and Industry, Anand Sharma on Tuesday.
On Thursday before he departs to Namibia, Schlettwein will visit Vedanta, the largest copper smelter in Tuticorin, Karakata State.
The delegation is expected back home on Friday.