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Asia-Pacific enterprises summit in Aug.

By Our Special Correspondent

BANGALORE, JUNE 30. The Government of Karnataka, in association with the Federation of Karnataka Chambers of Commerce and Industry (FKCCI), is organising a summit here for enterprises in the Asia-Pacific region from August 12 to 14.

The Minister for Large- and Medium-scale Industries, Mr. R.V. Deshpande told presspersons today that the summit would focus on promoting investments, trade, technology transfer, joint ventures, etc. About 350 delegates, including over 100 from overseas, were expected to participate in the summit.

The FKCCI President, Mr. K. Ramaswamy, said the international partner organisations for the summit included the Indian Chamber of Commerce and Industry, Hong Kong; Malaysia Associated Indian Chamber of Commerce and Industry, Kuala Lumpur; Selangor KL Indian Chamber of Commerce and Industry; Indian Chamber of Commerce, Japan; Indian Merchants' Association, South Korea; Myanmar India Business Club; Singapore Federation of Chambers of Commerce and Industry; Singapore Indian Chamber of Commerce and Industry; Indonesian Chamber of Commerce and Industry; ASEAN Chamber of Commerce and Industry; SAARC Chamber of Commerce and Industry and Australia India Business Association, Melbourne.

Mr. Deshpande said that the region was home to almost 3.5 billion people. There were countries with a per capita GDP ranging from $1,050 to over $20,000 and this character of the market could be used to promote high-end as well as low-end products.

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