{"id":315801,"date":"2019-10-20T04:18:23","date_gmt":"2019-10-20T04:18:23","guid":{"rendered":"http:\/\/tehelka.com\/?p=315801"},"modified":"2019-10-20T04:18:23","modified_gmt":"2019-10-20T04:18:23","slug":"president-kovind-addresses-india-philippines-business-conclave-and-4th-asean-india-business-summit","status":"publish","type":"post","link":"https:\/\/tehelka.com\/president-kovind-addresses-india-philippines-business-conclave-and-4th-asean-india-business-summit\/","title":{"rendered":"President Kovind addresses India-Philippines Business Conclave and 4th Asean-India Business Summit"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-315802 aligncenter\" src=\"http:\/\/tehelka.com\/wp-content\/uploads\/2019\/10\/kovind-2.jpg\" alt=\"\" width=\"795\" height=\"511\" srcset=\"https:\/\/tehelka.com\/media\/2019\/10\/kovind-2.jpg 795w, https:\/\/tehelka.com\/media\/2019\/10\/kovind-2-300x193.jpg 300w, https:\/\/tehelka.com\/media\/2019\/10\/kovind-2-768x494.jpg 768w, https:\/\/tehelka.com\/media\/2019\/10\/kovind-2-696x447.jpg 696w, https:\/\/tehelka.com\/media\/2019\/10\/kovind-2-653x420.jpg 653w\" sizes=\"(max-width: 795px) 100vw, 795px\" \/>President Ram Nath Kovind on Saturday addressed\u00a0the India-Philippines Business Conclave and the 4th\u00a0ASEAN-India Business Summit\u00a0\u00a0in Manila, Philippines.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Speaking on the occasion, the President said that\u00a0the potential for the Philippines-India economic collaboration is significant. Both countries share mutual complementarities which can be utilised to deepen trade and investment ties. He said that India\u2019s \u201cMake in India\u201d and next-generation infrastructure programmes and the Philippines\u2019 \u201cBuild, Build, Build\u201d infrastructure initiative present immense opportunities for companies and investors on both sides.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Kovind said that\u00a0the Philippines-India business story is an encouraging one.\u00a0\u00a0While bilateral trade has shown continuous progress, the real gain has been our collaboration in the IT-BPO segment.\u00a0\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">The President said that in recent years, India-Philippines have seen two-way investment grow in infrastructure and energy sectors. More prospects wait to be converted into concrete projects, from airport terminals, LNG pipelines to waste management solutions. The Indian pharma and healthcare sectors offer immense value to the Philippines.\u00a0There is scope to enhance partnership in several other areas &#8211; from trade, investment, services, agriculture, engineering to new technologies.\u00a0\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">President Kovind further said that the ASEAN is one of the most economically dynamic regions of the world today. India has deep political and people-to-people relations with each and every country in the ASEAN.\u00a0He noted that ASEAN-India trade has jumped significantly in the past few years. However, he said, \u201cwe still have a long distance to cover to reach the target of US$ 200 billion by 2022.\u201d<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">He said that just as Indian companies see significant opportunities in the region, he was confident the ASEAN business community also recognises the tremendous business potential in India.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">The President also visited the University of the Philippines Manila Museum to attend an event organised by Mahaveer Philippines Foundation.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Ram Nath Kovind on Saturday addressed\u00a0the India-Philippines Business Conclave and the 4th\u00a0ASEAN-India Business Summit\u00a0\u00a0in Manila, Philippines. Speaking on the occasion, the President said that\u00a0the potential for the Philippines-India economic collaboration is significant. Both countries share mutual complementarities which can be utilised to deepen trade and investment ties. He said that India\u2019s \u201cMake in India\u201d [&hellip;]<\/p>\n","protected":false},"author":59,"featured_media":315802,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[36,53],"tags":[11876,11875,11877,10453,1452],"_links":{"self":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/315801"}],"collection":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/comments?post=315801"}],"version-history":[{"count":1,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/315801\/revisions"}],"predecessor-version":[{"id":315803,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/315801\/revisions\/315803"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/media\/315802"}],"wp:attachment":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/media?parent=315801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/categories?post=315801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/tags?post=315801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}