Saturday, February 13, 2010

Good prospect for India in Asian trade

India is yet to achieve its full potential in world trade the weight of which has been showing a marked shift from the west to the east over the last few decades, according to K.P. Kannan, Professor of Development Economics, Centre for Development Studies (CDS). Delivering the keynote address at an international conference on ‘Asian Trade: The Way Forward,’ organised by the Asian Development Dialogue (ADD), a shared platform of policy makers, academia and decision makers in the public and private sectors, here on Saturday, Prof. Kannan said with appropriate policy initiatives, the country could become a major player alongside China and Japan in trade in merchandise goods and services in the Asian region.

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