Event Date : September 15, 2018
Event Location : PHD House, 4/2 Siri Institutional Area, August Kranti Marg, New Delhi - 110 016
Organized By : Foreign Trade and Investment Committee, PHD Chamber of Commerce and Industry
Foreign Trade and Investment Committee of PHD Chamber of Commerce and Industry has organised an Open House Discussion on Increasing Trade Protectionism: Way Forward for India, 15th September, 2018, at PHD Chamber, New Delhi. The aim of the open house discussion was to discuss the rising trade protectionism across the global economy and its possible impact on the Indian economy. The eminent speakers at the open house discussion were Shri Sanjay Chadha, Additional Secretary, Ministry of Commerce and Industry, Government of India, Dr. Ram Upendra Das, Head and Professor, Centre for Regional Trade, Ministry of Commerce and Industry, Government of India.
Mr. Sanjay Beswal, Co-Chairman, Foreign Trade and Investment Committee, PHD Chamber highlighted on the trade protectionism that how its started with U.S. He also explained the imbalances in the supply and demand mechanisms and its impact on the Indian companies . His discussions also included how shortages will lead to price rise when the rupee is already going down with the stock markets reacting time and again and that the sentiment will affect foreign investment flows. He suggested that there may be short term benefits towards adopting trade protectionism but it is important for all to deliberate on the long term effects of trade protectionism.