Ramaphosa pledged yesterday that during his visit to the World Economic Forum (WEF) in Davos this month, he would invite worldwide investors to buy into South African businesses. Modi will deliver a keynote speech at the plenary session at 11am India time.
Talking about the business engagements of Indian leaders in Davos, Ramesh Abhishek, Secretary, Department of Industrial Policy and Promotion (DIPP), said that Prime Minister will also host a round table dinner on January 22 for 60 top CEOs, including 40 from global corporates and 20 from India.
PM Modi will be accompanied by six union ministers - Arun Jaitley, Suresh Prabhu, Piyush Goyal, Dharmendra Pradhan, MJ Akbar and Jitendra Singh.
German Chancellor Angela Merkel, Italian Prime Minister Paolo Gentiloni, European Commission President Jean-Claude Juncker, French President Emmanuel Macron, UK Prime Minister Theresa May and Canadian Prime Minister Justin Trudeau are among the other attendees. "There will be a lot of meetings and various events, where we will discuss the latest technology changes across the globe", he added. Along with Ramaphosa and business leaders, other South Africans going include finance minister Malusi Gigaba; minister in the presidency for planning, monitoring and evaluation Jeff Radebe; minister of economic development Ebrahim Patel; minister of trade and industry Rob Davies; minister of public works Nkosinathi Nhleko and minister of worldwide relations and cooperation Maite Nkoana Mashabane.
"He has a different connection to Davos and WEF than other Reps because of his past experience as Ambassador, and I think he still wants to go", Beyer's spokesman said in an email. He was speaking in an interview to a private news channel.
On increasing FDI inflows, Modi said the world has seen that this government has a "different thought" and it is good to attract global attention.
He will speak on the power of economic narratives and how policymakers can address the challenges of the 21st century. "I'm not even sure what our macroeconomic policies are", said Roodt.