News Karnataka
Tuesday, November 29 2022
Bengaluru

K’taka CM Yeddiyurappa promises congenial business atmosphere

Photo Credit :

Bengaluru: Karnataka Chief Minister B.S. Yeddiyurappa assured entrepreneurs and the international community a congenial atmosphere for business, in the light of India rejecting the Regional Comprehensive Economic Partnership (RCEP).

“I want to assure investors and business leaders that we are determined to create congenial atmosphere for entrepreneurs,” said Yeddiyurappa inaugurating the Bengaluru Tech Summit (BTS) 2019.

On non-signing of the mega trade deal, he said Prime Minister Narendra Modi was determined to protect interests of poor and farmers.

Reaching out to the international community, Yeddiyurappa said, “That (rejecting RCEP) doesn’t mean that he (Modi) will not take care of investors.”

On November 4, India declared it would not join the RCEP, a 16-nation mega trade deal in the Asia Pacific region, which also includes the Association of Southeast Asian Nations (ASEAN).

ASEAN members are Indonesia, Thailand, Singapore, Malaysia, the Philippines, Vietnam, Brunei, Cambodia, Myanmar and Laos.

According to the PHD Chamber of Commerce and Industry’s research bureau, India’s bilateral trade with ASEAN is estimated to touch $300 billion by 2025.

 

 

Share this:
MANY DROPS MAKE AN OCEAN
Support NewsKarnataka's quality independent journalism with a small contribution.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Leave a Reply

Your email address will not be published. Required fields are marked *

Visit 7Jackpots and find the best online casinos in India! Play the most popular casino games for real money!

Find the best odds at 10Cric and ipl betting 2021! Signup today and get up to a 100% deposit bonus.

To get the latest news on WhatsApp