Davos: India Not Focusing on Formal Trade Deals, Says Minister Vaishnaw

• Union Minister Ashwini Vaishnaw stated that India's engagement at the World Economic Forum (WEF) in Davos is more about dialogue than formal trade deals.
• Vaishnaw clarified that trade negotiations with countries like the US are not the primary focus of group-to-group sessions at Davos.
• He explained that the Davos format emphasizes panels and bilaterals for sharing ideas, while structured trade talks occur outside WEF discussions.
• India is showcasing its economic progress, integrating technology with inclusive growth, to world leaders and business figures.
• Despite Davos not being a trade negotiation forum, India continues ongoing economic and strategic discussions with global partners through separate mechanisms.

Why It Matters: India prioritizes dialogue and idea-sharing at Davos, reserving formal trade negotiations for separate bilateral channels.