INDIA is fast emerging as the most dynamic economy and the opportunity to do trade with India is now, said Peter Hall, Vice President and Chief Economist, Export Development Corporation Canada (EDC), at an event organized by BC India Business Network (BCIBN) recently.
The event, “High Tea with Peter Hall,” opened with remarks by Catherine Sas, President of BCIBN.
Vivek Savkur, Chairman Emeritus of BCIBN, introduced Hall and Clark M. Roberts, Deputy Minister, Ministry of International Trade and Minister responsible for Asia Pacific Strategy and Multiculturalism.
“It is BCIBN’s mandate to bring to its members events which are beneficial to them in furthering trade with India. Mr. Hall is a greatly respected economist who has deep insight into the Indian economy and who is here to share his views with us,” said Savkur.
Addressing the audience, Hall said India was going to be the next China in the coming economic cycle. “Prospects with India are very great and unique and Canada has many of the solutions that India needs to grow its infrastructure and fulfil some of the aspirations of Indians,” he added.
Hall said that one of the key areas that B.C. could carve a niche in is in the field of agro foods. “I am pleased to note that B.C. has the most diversified trade with India, but it is not enough. Considering the potential that exists out there, this is the tip of the iceberg,” he pointed out.
Apart from BCIBN members, the event was also attended by Indian Consul Abha Gosain Consul and other prominent members of the Indian community.