“And Three - the tremendous resilience of India: we survived the zooming oil prices, the fluctuating dollar and global recession, with barely a hiccup."
"The Indian economy is globalized and integrated with the world, and yet it simultaneously has its own dynamics which cushion global shocks as in no other country”, the Minister pointed out.
Stating that he was delighted to share the panel at the session with Mr. Hoan Trung Hai, the Minister of Industry of Vietnam, Shri Kamal Nath said Vietnam was a marvelous turnaround story that was grabbing world attention.
“India and Vietnam have close ancient linkages and common value systems; we must now together forge ahead on the economic front in the march against deprivation and poverty”, the Minister said.
Press Information Bureau Government of India