12th CII-Exim bank conclave on India Africa Project Partnership

12th CII-Exim bank conclave on India Africa Project Partnership

Question: Where was the 12th CII-Exim bank conclave on India Africa Project Partnership held?
a) New Delhi
b) Kolkata
c) Mumbai
d) Pune
Ans: (a)

  • On 9th March, 2017, The President of India, Shri Pranab Mukherjee inaugurated the 12th CII-EXIM Bank Conclave on India Africa Project Partnership at Hotel Taj Palace in New Delhi.
  • The Conclave is an annual event witnessing the participation of high-level official and business delegations from African countries. This year, the King of Swaziland His Majesty, Mswati – III, and the Prime Minister of Uganda Dr Ruhakana Rugunda attended the event as Guests of Honour.
  • Business-to-business meetings were organised as part of the Conclave apart from several sessions covering various sectors such as Trade & Investment, Development Partnership, Agriculture, Health, Infrastructure, Power, Skill Development, Irrigation, Water Supply, Small & Medium Enterprises, Rural Electrification, Railways etc.

Emphasis of the conclave has been on :

  • Increasing outreach of information on Indian enterprise in the identified sectors to Africa.
  • Increasing interaction between the Indian Industry and Africa to address specific opportunities.
  • Discussing possibilities for Indian participation on long term projects.
  • Initiation of programs related to capacity building, including resource mobilization for the same.
  • Building upon the momentum gathered with the launch of the “India Africa Forum Summit” and taking ahead the actionable agenda put forward during the deliberations.

• The President emphasized India’s cooperation in development in Africa through Lines of Credit estimated at over US$7 billion under the India – Africa Forum Summit process. India’s collaboration extends across a wide spectrum. India has offered fifty thousand scholarships to African students. Six thousand Africans have since been trained under India – Africa Forum Summit-3.

About the Conclave:
The first CII- EXIM Bank Conclave on India Africa Project Partnership was held in the year 2005. The initiative was launched by CII in partnership with EXIM Bank of India and with the support of the Ministry of External Affairs and the Ministry of Commerce & Industry, Government of India. It has emerged as the pioneer event in building partnerships and enhancing the economic engagement between the two regions. The essence of the CII Conclave has been to encourage Indian exporters to access the African countries and increase their presence in the region. A measure of success is the increasing participation level at the event. The other measure is the number of MOUs that are signed and the value of projects that are discussed. 2534 projects worth USD 256.63 billion have been discussed in the 10 past editions.
Reference:
http://www.ciiafricaconclave.com/Project-Opportunity.aspx