Uzbekistan Investment Summit modeled on Vibrant Gujarat Summit

During the Vibrant Gujarat Summit held by the Gujarat State Government in January 2019, a partnership memorandum was signed by the Uzbekistan President and the Gujarat Government. Following the summit, Uzbekistan sought India’s help for conducting similar event. India extended its support and Gujarat CM Rupani is to visit Uzbekistan to attend the summit.

Significance

• The Gujarat CM will attend India-Uzbekistan regional investment forum
• The summit will be of great help for Gujarat pharmaceuticals companies. Gujarat being the hub of pharmaceuticals, can very well utilize the resources of Uzbekistan

Vibrant Gujarat Summit

Vibrant Gujarat is a biennial investors summit that is held by the Government of Gujarat. The purpose of the event is to bring policy makers, investors, corporations and business leaders together. It was begun in 2003. The conventions in the event predominantly include the industrial sectors like Biotech-Pharma, Agro-Processing, Natural Gas and Oil, Mining, Tourism, etc.

Month: Current Affairs - October, 2019