Trump, Theresa May to meet at Davos economic forum

AFP  Getty Images

Maluleke also said: "But clearly the World Economic Forum has become an important platform for marketing countries and for telling good economic stories about countries".

A lot of focus is expected on what President Trump says and what would be the response of other world leaders, including from Germany, France and the UK. Prime Minister Modi is expected to address a keynote speech at the plenary session.

Prime Minister Narendra Modi today said he will share his vision for India's future engagements with the worldwide community during his Davos trip, as he sought "serious attention" of world leaders on existing and emerging challenges to the contemporary global systems.

President Donald Trump plans to meet next week with British Prime Minister Theresa May on the sidelines of the World Economic Forum in Davos, Switzerland, the White House announced Friday.

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The evening will also see a ballet performance, while India will host the "welcome reception" with the country's "exquisite cuisine and age-old Yoga heritage as well as the spirit of a young, innovative New India". But in the end, they said, Trump, the first sitting USA president to attend the forum since in 2000, wanted to go to call attention to growth in the United States economy and the soaring stock market. "There will be a lot of meetings and various events, where we will discuss the latest technology changes across the globe", he added.

According to Ramesh Abhishek, Secretary in the Department of Industrial Policy and Promotion, a dinner on Monday will be attended by CEOs of 60 companies.

"A widely held view is that a country's trade balance is a key measure of its global commercial success", said co-authors Harvard professor Robert Lawrence and Princeton fellow Yeling Tan in the paper, which is due to be presented and debated at Davos.

The paper reports that government sources had earlier revealed plans to "engineer an encounter" between the USA and United Kingdom leaders, who are both attending the summit focused on finance and trade. The PM has taken keen interest to ensure that India showcases its soft skills globally. "I'm not even sure what our macroeconomic policies are", said Roodt.

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