Press. voanews.com
Startup
founders, investors and tech leaders from around the world are heading to
Hyderabad, India for the 8th annual Global Entrepreneurship Summit, co-hosted
by the U.S. and Indian governments. Ivanka Trump, adviser to U.S. President
Donald Trump and his daughter, will join host Prime Minister Narendra Modi in
kicking off the three-day event, which will focus on women in business. More
than 1,500 participants from 150 countries are expected at the event, which
runs from November 28 through 30.
It had not been
clear whether the Trump administration would continue the annual summit that
was launched at the White House by the Obama administration in 2010. Trump has
focused on domestic growth and U.S. job creation with an “America first”
message. But in June, Prime Minister Modi, while visiting the White House,
announced that the two countries would co-host the summit.
America first,
global partners
The gathering
comes as the U.S. and India appear to be working to strengthen ties. Having an
"America first" economic policy is “not exclusive of collaboration,
partnership and strong economic security and social relationships around the
world,” said a senior administration official, speaking anonymously.
The summit is “a
testament to the strong friendship between our two people and the growing
economic and security partnership between our two nations,” said Ivanka Trump
during a news conference this week.
Participants at
this year’s summit will represent four industry sectors — energy and
infrastructure, health care and life sciences, financial technology and digital
economy, and media and entertainment.
Women in
majority
In a first for
the event, women will represent 52 percent of the attendees. Ten countries,
including Afghanistan and Saudi Arabia, are sending all female delegations. In
advance of the summit, the Indian state of Telangana, where Hyderabad is
located, has been working to clean up the city, and there have been reports of
beggars being relocated.
“We know that the Indian government is really
firmly committed to raising individuals out of poverty and to create economic
opportunity for its large and diverse population and we think they are making great
progress,” said another U.S. official.
https://www.voanews.com/a/global-entrepreneurial-summit-in-india-women/4138170.html