Meet to boost trade, investment in the city | gurgaon | Hindustan Times
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Meet to boost trade, investment in the city

gurgaon Updated: Oct 28, 2012 00:28 IST
HT Correspondent
HT Correspondent
Hindustan Times
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The Millennium City is gearing up to host the 12th meeting of Indian Ocean Rim Association for Regional Co-operation (IOR-ARC) in which delegates from 19 countries will participate. Around 100 delegates, including foreign ministers, ambassadors and media representatives are expected to take part in the meeting which is slated to be held at Oberoi Hotel from October 29 to November 2.

Sudhir Vyas, secretary, Minister of External Affairs, and PK Chaudhary, chief secretary, Haryana, reviewed the security arrangements. Vyas said the motive behind this meeting is to showcase Gurgaon, which acts as perfect complement to the national capital. He said, "We have to showcase India as an economic superpower."

Ahead of the meeting, the administration has given the city a major facelift. Other agencies have also pitched in to support the city administration's initiative. National Highway Authority of India has repaired all the streetlights along the expressway up to the venue. Two central lanes have been reserved for the delegates and a banner of IOR-ARC has been displayed on these lanes. The Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) and Haryana Urban Development Authority (Huda) have also completed beautification and road repair works.

The association comprises of 19 member states, including Australia, Bangladesh, India, Indonesia, Iran, Kenya, Madagascar, Malaysia, Mauritius, Mozambique, Oman, Seychelles, Singapore, South Africa, Sri Lanka, Tanzania, Thailand, UAE and Yemen.

Besides, the association also has five dialogue partners, including China, Egypt, France, Japan and the UK. The Indian Ocean Tourism Organisation and the Indian Ocean Research Group are observers at the meet.

The IOR-ARC Charter lists areas of cooperation including trade facilitation and liberalisation, promotion of foreign investment, scientific and technological exchanges, tourism; and the development of infrastructure and human resources inter-alia poverty alleviation, promotion of maritime transport and related matters, cooperation in the fields of fisheries trade etc, official said.