Re-emergence of China as a strong economic power in the South East Asia has posed serious threat to the global…
Head &Dean of Business Economics, Delhi University, Prof Dr Vijay Kumar Kaul. (Photo: SNS)
Re-emergence of China as a strong economic power in the South East Asia has posed serious threat to the global trade environment.
In order to compete with China, India needs to keep a vigilant eye and strengthen its maritime trade, said eminent economist and Head &Dean of Business Economics, Delhi University, Prof Dr Vijay Kumar Kaul here on Sunday.
Addressing a plenary session on ‘The New Dynamics of Global Business’ as part of three-day International Conference on Indian Trade and Commerce, noted researcher Dr Kaul said global business decides the agenda not only of global economy but also of global governance.
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Every kind of institutions of human life from political to economic, cultural and social are being reshaped by the dynamics of global business, he added.
Speaking on the occasion, former Professor of Pokhara University, Nepal, Dr Radheshyam Pradhan glorified the rich culture and maritime heritage of Kalinga and stressed on cultural interaction among the SAARC countries to boost global trade environment.
East Asia needs to promote startup in order to nurture the youth skills and strengthen rural economy, he said.
The meet witnessed presentation of more than 70 papers in the technical sessions by the research scholars across the SAARC countries including Nepal, Bhutan, Sri Lanka and Bangladesh.
Director of Indo-Tibetian Studies, Visva-Bharati University, Prof Andrea Loseries, head of Islamic history and culture department of Rajshahi University in Bangladesh, Prof Dr Khaililur Rahman, member of ICHR, New Delhi Prof Narayan Rao, former VC of Kalyani University, West Bengal Prof Dr Malayendu Saha and director of IMS and conference convenor Prof Upendra Padhi also spoke among others.
The three-day conference was organised by Institute of Media Studies (IMS) and Kalinga Media Centre (KMC).
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