Amaravati: A Diplomatic Outreach Event would be held here on August 9 to which delegates from over 35 countries including Korea, UK, USA, Japan and Australia are expected to attend to explore the potential trade relations in mutual interest.
The Outreach programme is aimed at exploring opportunities for collaboration in core areas like pharma, automobile, steel, textiles food processing, electronics and the like.
The State will showcase industrial policies and investment opportunities in Andhra Pradesh and potential areas of partnerships with the participating countries.
Chief Minister YS Jagan Mohan Reddy will be Chief Guest of the Event which will also be attended by the State Finance Minister, Minister for Industries and Commerce along with concerned officials.
The Chief Minister YS Jagan Mohan Reddy is likely to have a one-on-one meeting with delegates of select countries. The event is being organized in collaboration with the Department of External Affairs.
The interactions will establish a first level connection between the State and the visiting diplomats. The connection thus established will be leveraged to identify trade synergies and technology transfer programs that will further strengthen the ties between the state and the partnering country.
The state would take the initiative further and plans to invite countries to setup their chambers of commerce to facilitate strong trade relations.
In this process, Investment Promotion Offices and Investor Desks will be setup in business centers across major Indian cities like Bengaluru, Chennai, Delhi, Mumbai besides Tokyo, Seoul and other select foreign capitals to enable regular interaction with top investors across sectors.
Wherever offices cannot be setup directly, the state will partner with CII, FICCI and other Industrial organizations which have presence in those countries in order to reach out to investors.
Specific events for each sector will be conducted for which global leading players of the field will be invited to participate and share their thoughts on developing their sector in Andhra Pradesh.
Study tours to various Industrial clusters within India and abroad will be organized to not only study how the cluster was developed but also to understand the needs of the Industry in order to develop the similar clusters in AP.
Some of the delegates attending the diplomatic outreach event include, Korea, Singapore, Austria, Poland, Bulgaria, Bangladesh, Sri Lanka, Australia, United Kingdom, Thailand, Angola, Japan, Canada, Netherlands and others.