Globalisation is losing its luster, India’s Modi tells Davos summit

FAN Editor 7 years ago
India's Prime Minister Narendra Modi speaks at the Opening Plenary during the World Economic Forum (WEF) annual meeting in Davos
India’s Prime Minister Narendra Modi gestures as he speaks at the Opening Plenary during the World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 23, 2018. REUTERS/Denis Balibouse

January 23, 2018

DAVOS, Switzerland (Reuters) – Protectionism is gaining ground and globalisation is losing its attractiveness, Indian Prime Minister Narendra Modi told the World Economic Forum on Tuesday.

Modi is leading a big government and business delegation to the summit in Davos, the first Indian prime minister do so in 21 years, aiming to showcase India as a fast growing economic power and a potential driver of global growth.

(This story fixes the spelling of “Globalisation” in the healine.)

(Reporting by Paritosh Bansal; Writing by Sanjeev Miglani; Editing by Clarence Fernandez)

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