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Fight protectionism and terrorism to promote solidarity, says V.K. Singh (Retd.)

Thursday, June 14, 2018
By A Business Reporter

Suresh Prabhu, Union Minister for Commerce and Industry, in a video message at the World Trade Centers Association Day, remarked that the WTC movement has been doing a commendable job in promoting trade and it has a big network to support trade and investment. “I complement World Trade Centers Association and World Trade Centre Mumbai for this laudable work in promoting trade, industry and exports.”

Speaking at this event, Gen. (Dr.) V. K. Singh (Retd.), Minister of State for External Affairs, Ministry of External Affairs said, “I sincerely feel trade and economy are the lifeblood of a nation, without which a nation’s health will suffer. World Trade Center New York epitomizes the vision of trade which suffered after 9/11 terrorist attack. Terrorism has no colour, caste and religion. On this World Trade Centers Association Day, we must take stock of this threat and take a pledge that we shall not permit similar things to happen to our nation, property and people.”

The minister also emphasized on promoting peace and stability in the Indo-Pacific zone as 90% of India’s trade passes through sea. “We are professing the blue economy for the benefit of all. We are thinking this century will be the Asian Century. If the vision of Sir. M. Visveswaraya and MVIRDC WTC Mumbai has to be promulgated, peace and stability need to prevail, which will spur economic growth, take the nation to a different sphere of development and reap the benefit of intermingling, interlocking and networking of economies,” he remarked.

Earlier in his welcome address, Kamal Morarka, Chairman, World Trade Centre Mumbai remarked, “World Trade Centers Association Day is being celebrated since 2002 to promote peace and solidarity following the terrorist attack on the World Trade Center New York. The world is shrinking, communication has reached unimaginable heights and extensive micromanagement has prevented similar incidents thereafter.”

Speaking about the role of World Trade Centre Mumbai, Morarka said, “World Trade Centre Mumbai is among the top 20 World Trade Centers across the world in promoting international trade. Last year, World Trade Centre Mumbai received more than 60 foreign delegations. World Trade Centers across the world promote goodwill through international trade.”

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