Bilateral investment focus of meeting with Gulf states

By IANS

New Delhi : A major push to enhance bilateral investments will be the focus of a two-day meeting between India and six member states of the Gulf Cooperation Council (GCC) in Mumbai from May 29, officials said Sunday.


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India's Commerce Minister Kamal Nath will head his side's delegation to the third such meeting with a 300-member team of ministers and officials from Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE).

The event will comprise plenary sessions on investing in India, investing in the GCC states and on four sectors – real estate, energy including oil, gas and power, petrochemicals and infrastructure.

Besides Kamal Nath, the meeting will be addressed by Commerce Secretary G.K. Pillai, Industry Secretary Ajay Dua and T.K.A. Nair, principal secretary to the prime minister.

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