Service sector is the largest contributor to the world economy, as it accounts for nearly 70% of global GDP, 60% of world employment and 46% of global exports measured in value-added terms, yet there is further scope of enhancement. At present, the growth of the service sector across the globe is highly uneven. While in the developed countries the service sector has witnessed rapid progress, in many developing and least developed countries (LDCs), the service sector’s contribution to the overall economy remains insignificant. This is largely because world-over several services have not been able to penetrate across sectors.
The Summit will showcase opportunities for small, medium and large organizations to integrate services in enhancing manufacturing and agriculture sectors. It will also enable governments to enhance their competitiveness in global services by helping them to adopt various social and policy initiatives as well as advancements in information and communication technologies.
We are pleased to inform you that IIM Bangalore under the guidance of Dr. Rupa Chanda, RBI Chair Professor in Economics is associated with this Summit as the ‘Knowledge Partner’. Dr. Chanda has helped in drafting a paper on ‘Trade Facilitation in Services’ for Govt. of India at WTO. The Polish Investment & Trade Agency is also supporting ‘International Partner’ promoting this Summit globally.
In view of the importance of the Global Economic Summit 2019, we are pleased to invite you to participate in this Summit, also solicit the support of your good office to Disseminate the Summit information and communicate the same to the potential SMEs and other stakeholders from your country who can participate in this Summit and Exhibit at the GES 2019.
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