Diplomatist Magazine Diplomatist April-May 2019 | Page 29

COVERAGE Conference on Strengthening India-Europe Economic Relations Opportunities and Way Forward P HD Chamber of Commerce and Industry organised a conference on “Strengthening India-Europe Economic Relations - Opportunities and Way Forward” on 5th April 2019 at PHD House, New Delhi. The theme of the Conference was to highlight the strong economic relations between India and Europe and discuss ways to further strengthen this relationship. The Conference highlighted various initiatives undertaken by the Government of India to promote India-EU partnership and deliberated on issues and challenges of doing business in both India and Europe. The Inaugural Session was presided over by Rajeev Talwar, President, PHD Chamber and moderated by Mohit Jain, Chairman-International Aff airs Committee for Central Europe, PHD Chamber. In a welcome address to the dignitaries, Talwar spoke about the growing economic cooperation between India and Europe and while appreciating the strong bilateral relations between India and the EU, he emphasised on making the former an ideal place for setting up defence manufacturing centres and research and development units by foreign companies, given its huge market and trade potential. While addressing the Inaugural Session, H.E. Tomasz Kozlowski, Ambassador of the European Union to India congratulated PHD Chamber for organising this Conference and appreciated the theme of the Conference. He said that the trade between India and Europe could grow manifold with an early conclusion of India-EU FTA and investment protection agreement well in time. He also stated that trade facilitation measures along with trade reforms for goods and services coming to India from the EU should be promoted to make sure Extraordinary and Plenipotentiary Diplomatist • Vol 7 • Issue 4 • April-May 2019, Noida • 29