PM Modi arrives in Davos to attend World Economic Forum

Brunilde Fioravanti
Gennaio 23, 2018

Trump has pushed Modi to engage with the U.S. more in Afghanistan in the past, while India is hoping to make Afghanistan a part of its own regional sphere of influence.

Modi made the comments in his keynote speech at the World Economic Forum in Davos, Switzerland.

In the 24-hour visit by PM Modi, he was said to be hosting the dinner on Monday evening and would deliver an opening plenary session of the WEF in Davos on Tuesday morning.

"My government has put a very big goal before Indians to protect the environment and to fight climate change- we have set a target to produce 175GW of renewable energy by 2022". PM Modi will be addressing plenary session of the forum on Tuesday.

Arun Kumar, chairman and CEO of accounting firm KPMG in India, said: "He laid out where India stands in terms of his preference for a multi-polar and multicultural world".

"India is removing the red tape and laying out the red carpet", said Modi, the first Indian prime minister in two decades to attend the high-level forum.

Modi added that the developed world needed to do more to help poorer nations combat the effects of climate change.

Prime Minister Narendra Modi hosted a round-table meeting with the Chief Executive Officers (CEOs) of top global companies in Davos, ahead of the World Economic Forum (WEF) on Monday. Donald Trump, President of United States, dropped climate change from his National Security Strategy saying "climate change is not identified as a national security threat". "We reviewed the scope of our bilateral cooperation and discussed ways to deepen it even further", Modi tweeted.

He said: "Even if the US does more protectionism, consumers will buy from different places and who pays the bill?"

"There is a slowdown in cross-border financial investments and the expansion of (the) global supply chain appears to have slowed down".

Canadian Prime Minister Justin Trudeau is later due to address the Davos crowd, which is gathering in unusually heavy snowfall.

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