Moscow Government at B20 Inception Meeting

The Department for External Economic and International Relations of Moscow and the Business Council for Cooperation with India took part in the work of the “Business Twenty” (B20 Inception meeting) on January 22-24, 2023 in Gandhinagar (Gujarat, India). Business 20 is one of the most well–known and effective working organizations of the Group of Twenty (G20), an intergovernmental forum of the largest developed and developing economies in the world. In 2023 India has become its chairman, and in September it will host the 18th summit.

The Russian side was represented by the Department for External Economic and International Relations of Moscow and the Business Council for Cooperation with India. Moscow demonstrated its Smart city & Safe city programs, noting the infrastructural opportunities and a new format of the city’s relations with entrepreneurs – “responsible city administration”, which provides free, equal and open access to social resources, services and platforms for all residents of the city.

As part of the “Business Twenty”, the Moscow Center for International Cooperation also organized a range of business meetings for the Moscow business community with representatives of chambers of commerce and industry and businessmen of India.

In addition, the Russian guests of the event visited the Mahatma Gandhi Dandi Kutir Museum in Gandhinagar, which is considered the world’s largest museum dedicated to one person. Representatives of the Moscow Government discussed with the director of the museum the possibilities of cooperation, in particular, the exchange of expositions and the signing of cooperation agreement.

The Business Twenty (B20) event was attended by 189 representatives from 31 countries and 450 participants from India. It featured 8 sessions with 50 speakers. The program was held under the motto “One planet. One Family. One Future” and included such topics as: Actions to combat climate change and accelerate the transition to clean zero energy for sustainable development; Rethinking and reviving innovation to ensure inclusive impact; A new definition of global digital cooperation; Building sustainable global value chains; Promoting access to financial services.

The discussion brought the position of the parties much closer on such topics as the accessibility of logistics routes, measures of support for entrepreneurship, business and technological innovations.

The main speakers from the Indian side were Indian Minister of Trade and Industry Piyush Goyal, Minister of Electronics and Information Technology, Communications and Railways of India Ashwini Vaishnav, Indian Sherpa in the Group of Twenty (G20) Amitabh Kant, Chairman of B20 India and CEO of Tata Sons N. Chandrasekaran, Head of Bajaj Finserv Ltd. and President of the Confederation Indian Industry (CII) Sanjeev Bajaj.

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