FIPIC Summit to be addressed by PM Modi in Jaipur

Modi in Jaipur

FIPIC summit to be held on August 21st in Jaipur

In order to widen its vision in the key areas of trade and investment, India is expanding strategically and looking forward to cement its place in the South Pacific region. India will be the host for the 2nd Forum for India Pacific Islands Cooperation (FIPIC) summit in Jaipur, to be held on August 21st. India will see to engaging 14 resource rich Island nations and the key areas of trade and investment are also expected to receive a prolific response.

The main objective is to step up business relations with these nations to envision each other and carve out a new relationship dimensional chart with the Pacific nations. External affairs Ministry’s secretary (East), Anil Wadhwa said India will push for greater cooperation with the island nations in sectors like oil and natural gas, mining, IT, healthcare, fishing and marine research and the list includes many other areas.

In what appears to be a phenomenal summit, India is looking for a laddering success maker in the path of development. However, this big affair is being looked down by China, as the nation is also looking to better its influence in the island nations.

Until now, nine heads of state and government have already confirmed their participation in this mega event that is going to be held in the capital city of Rajasthan, Jaipur. The city officials are rushing and short on time in taking care of every minute details for this extravagant event where India is serving as the host.

FIPIC summit in jaipur
Image Source- economictimes.indiatimes.com

The island nations which will be taking part in the FIPIC summit include Cook Islands, Tonga, Tuvalu, Nauru, Kiribati, Vanuatu, Solomon Islands, Samoa, Niue, Palau, Micronesia, Marshall Islands, Fiji and Papua New Guinea. Some of the island nations have oil and gas reserves.

Narendra Modi in Jaipur

According to Prime Minister Narendra Modi, FIPIC summit shall be held regularly as announced by the PM during his visit to Fiji in 2014. Wadhwa added “India’s engagement with the 14 Island nations is deepening while others nations have a limited relation. India shares a bilateral trade with the Island nations which accounts for $300 billion in which $200 billion is India’s export and $100 billion is India’s import.”

As reported, the delegates will reach India on August 19th and will be given a ceremonial welcome at Rashtrapati Bhawan on August 20th. The delegates will be meeting with the President of India, Pranab Mukherji and the Vice President of India Hamid Ansari. Prime Minister Narendra Modi will also be making an appearance at the meeting.  The delegates will then leave for Agra to visit the Taj Mahal. In the evening, they will be taking part at a CII event and on the morning of August 21st the delegates will leave for Jaipur to participate in the mega event. They will be visiting Amer Fort and City Palace and in the evening they will participate at the summit that will be addressed by PM Modi in Jaipur. He will be received by Chief minister Vasundhra Raje at 2 pm.

As quoted by police Commissioner- around 2000 policemen will be involved in the security arrangements of this high profile event, quick response team and ATS units will also be on high alert.

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