Ahead of Prime Minister Narendra Modi's upcoming visit to the United States, Dhruva Jaishankar, Executive Director of the Observer Research Foundation America on Tuesday (local time) suggested that an agreement might be reached, where both sides agree on a set of tariffs and arrangements
The country is on track to achieve a USD 300-billion electronics industry and a USD 1-trillion digital economy by 2025-26, potentially contributing 18-23 per cent to the national GDP, according to a report by the Observer Research Foundation (ORF).
The Ministry of Ports, Shipping and Waterways (MoPSW) and the Observer Research Foundation (ORF) will be co-hosting Sagarmanthan: The Great Oceans Dialogue, in New Delhi, India, from November 18-19.
Launched in 2023, this collaborative effort aims to address global challenges through strategic dialogue, joint research, and public engagement, supported by the collective expertise of over 400 staff and experts across three continents.
External Affairs Minister S Jaishankar concluded an extremely 'fruitful week' at at the 79th United Nations General Assembly (UNGA79), interacting with 75 Foreign Ministers and representatives to foster global cooperation.
Dhruva Jaishankar, Executive Director of Observer Research Foundation (ORF) America, emphasised that Prime Minister Narendra Modi's visit to the United States for the Quad Summit was crucial for consolidating the progress made by the Quad over the past four years.
External Affairs Minister, who is on a US visit, participated in a discussion on Thursday, where he emphasized the importance of democratising the economy, enhancing mobility, imparting skills, and building connectivity to achieve the United Nations' Sustainable Development Goals (SDGs).
The Sagarmanthan Dialogue is anticipated to attract a diverse array of stakeholders, including leaders, policymakers, strategic thinkers, scholars, intergovernmental organisations, maritime policy research institutions, media, civil society, and industry representatives.
The inaugural event
Co-chaired by India, Australia, and Indonesia, and organised in collaboration with the Observer Research Foundation (ORF) and the National Maritime Foundation (NMF), the conference aims to bolster cooperation across the Indo-Pacific region.
Notably, the service sector is expected to lead this surge in job creation, with every unit rise in services output contributing to a 0.12 percent increase in employment.
Japan Foreign Affairs Minister Yoko Kamikawa emphasised that 'The Raisina Roundtable' has represented the special strategic partnership between Japan and India, stressing that both nations are key partners.