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Prime Minister Narendra Modi inaugurated the 9th edition of Vibrant Gujarat Summit. On the occasion, the Prime Minister also set the target for breaching into top 50 rankings of the ease of doing business.
The three-day Vibrant Gujarat Summit will witness the participation of the heads of five countries Uzbekistan, Rwanda, Denmark, Czech Republic and Malta – and over 30,000 national and international delegates. A round-table interaction with the heads of global funds, ‘Africa Day’ and an MSME convention would also be held during the convention.
Vibrant Gujarat Summit
Vibrant Gujarat Summit conceptualized in 2003 by then Chief Minister of Gujarat Narendra Modi, to establish Gujarat as a preferred investment destination within India.
The objectives of the Vibrant Gujarat Summit are:
- Strengthen the foundation for Gujarat to become economically and socially the most developed state in India by 2030, at par with the best in the developed world.
- Leveraging Gujarat’s manufacturing leadership in the country and it’s economic strength, to connect the global investor with India and the state.
- Attract the brightest minds from across the world to ideate, showcase innovation and best practices, and discuss their application to the state and the nation.
- Empower India to compete with the best global economies.
- Provide a platform for global business networking.
Over the time the Summit has evolved into a platform for brainstorming on agendas of global socio-economic development, in addition to being a facilitator for knowledge sharing and forging effective partnerships.
The Henley Passport Index measures the access each country’s travel document affords. The Index is based on the data provided by the International Air Transport Authority (IATA) and covers 199 passports and 227 travel destinations.
Ranking of the Jurisdictions
The Rankings of the jurisdictions based on the rankings in the Henley Passport Index are:
- Japan retained its top spot as the world’s most travel-friendly passport due to the document’s access to 190 jurisdictions.
- South Korea and Singapore are at joint second position offering access to 189 jurisdictions.
- China has jumped almost 20 places in just two years, from 85th in 2017 to 69th this year.
- India jumped two positions from 81st in 2018 to 79th this year.
- European Union member states along with Norway and the US occupy the places behind the top three nations in the rankings.
- The rankings of the USA and UK have continued to drop.
- The top 5 positions are held by Japan (190 countries), Singapore, South Korea (189), France, Germany (188), Denmark, Finland, Italy, Sweden (187), and Luxembourg, Spain (186)
- The bottom 5 positions are held by Eritrea (38), Yemen (37), Pakistan (33), Somalia, Syria (32)and Afghanistan, Iraq (30).
Christian Kalin, Chairman of the Henley & Partners’ Group who is also the creator of the index notes that the ranking is a bright spot in an increasingly isolationist world.
Open-door policies have the potential to contribute billions to the global economy, as well as create significant employment opportunities around the world. The ascent in the rankings of South Korea and the United Arab Emirates are examples of what happens when countries take a proactive foreign affairs approach, an attitude which significantly benefits their citizens as well as the international community.
Tags: Afghanistan • China • Denmark • Eritrea • Finland • France • Germany • Henley Passport Index • Iraq • Italy • Japan • Luxembourg • Pakistan • Singapore • Somalia • South Korea • Spain • Sweden • Syria • UK • USA • Yemen