“Achieving Sustainable Growth in a Turbulent and Disruptive Global Market”
Focusing on the theme “Achieving Sustainable Growth in a Turbulent and Disruptive Global Market”, the 2020 CACCI Conference – the first-ever to be held by the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) in an online format on October 30, 2020 was jointly organized by CACCI and FICCI – featured speakers who elaborated on their perspectives on current trends, challenges, and uncertainties in the world market environment and geopolitical landscape, and the role of governments and businesses in mitigating the impact of these market developments and global disruptions on the economy and business operations.
The focus areas of discussion by the invited speakers included:
(1) Asian Development Outlook: The Precarious Path to Recovery
(2) The Challenge of Restoring the Multilateral Trading System
(3) The China-US Trade Friction and Its Impact on the Global Economy
Organized with the support of the Federation of Indian Chambers of Commerce and Industry (FICCI), the webinar provided the participants the opportunity to explore what the new normal might look like and prepare for it, to better understand the current landscape they are operating in, and to know what they need to do to resume operations and achieve business recovery.
- Mr. Sushil Chandra Tiwari, Secretary, Water and Energy Commission Secretariat, Government of Nepal.
- Mr. Khurram Sayeed, CEO, Planet Energy Pvt. Ltd / Vice President, CACCI
- Mr. Gyanendra Lal Pradhan, Chairman, Asian Council on Water, Energy, and Environment (ACWEE)
- Dr. Alireza Yavari, Deputy President for International Affairs, ICCIMA / Vice President, CACCI
- Mr. Homer Yu, Vice President, Kowloon Chamber of Commerce (KCC)
Welcome Remarks
In her Welcome Statement, FICCI President Dr. Sangita Reddy pointed out that while the COVID-19 pandemic prompted the Indian government to impose one of the strictest lockdowns in the region and thereby resulting in strong business contractions, it also opened up new opportunities for collaboration on health care between medical and public sector with the aim of strengthening the country’s health care system for the benefit of the collective society. With regard to the economy, the government adopted multi macroeconomic policies aimed at improving manufacturing capability and setting in place business-friendly regulations.
Opening Remarks
CACCI President Mr. Samir Modi in his Opening Remarks said that holding this year’s Conference in an online format has been necessitated by the ongoing COVID-19 situation. Indeed, the pandemic is having a massive impact not only on our daily lives but also on our businesses. Many organizations are currently scrambling as they re-strategize cancelled events, meetings and other activities on which they rely to bring members together, he added. He pointed out that CACCI has similarly been affected by the pandemic, with several planned gatherings, programs, and events indefinitely postponed until the health crisis is declared as safely over. He noted that CACCI’s day-to-day activities needed to be re-thought on a regular basis to deal with the changes and challenges caused by the health crisis.
