PM Gruevski addresses Partnership Summit 2015 in Jaipur

At the opening of the Partnership Summit 2015 on Thursday in Jaipur, the capital of India's state Rajasthan, Prime Minister Nikola Gruevski highlighted the Macedonian-Indian friendly relations and possibilities for bolstering the cooperation, in particular the economic one.

The economic, political relations have been registering an upward trend, especially after an intensive exchange of highest-level visits, Gruevski said, notifying his meeting four days ago with India's PM Narendra Modi, which showed that they share same strategic goal - the economy, investments, new jobs, better business climate and living standard for common people.

Referring to Macedonia's economic, overall achievements, Gruevski said that 'today it is a country that offers one of the lowest costs for doing business in Europe."

The country has been also investing in other spheres related to the economy, thus substantially improving the citizens' living standard, the PM said.

Macedonia offers excellent infrastructure and keeps working on its further improvement, Gruevski said, pointing out the ongoing construction of three highways, rail connection with Bulgaria, and the country's gasification project that is to be realized in the upcoming period. The country's economic growth is based on three pillars: construction works, high growth of export rate and foreign investments inflow, and consumption, Gruevski said.

He invited Indian companies to visit Macedonia and get familiar with the broad specter of opportunities it has been offering for economic cooperation, the Government said in a press release.

Banerjee Chandrajit, Director-General of the Confederation of Indian Industry - one of the summit's organizers, said businessmen worldwide should take advantage of India's growth.

In the last quarter India registered a GDP growth of 5.7 percent, while the production rate has been going up for 5.00 percent in the last two years, Chandrajit said. Many analysts expect for India to be one of the world's fastest-growing economies in the next two years, reaching a GDP growth of 7,00 percent, he added.

Rajasthan's Prime Minister Vasundhara Raje pinpointed partnerships as a successful model for making progress.

"Real progress is only possible by establishing partnerships between governments, businessmen and civic sector. Rajasthan is a big state and offers unlimited opportunities for partnerships," Raje said.

On the summit sidelines, Gruevski and Raje reviewed possibilities for bolstering the cooperation and exploiting the economic potentials of both countries, in the spirit of advancing the Indian-Macedonian relations, the press release reads.

The Confederation of Indian Industry (CII) is organizing the international investors meeting - The Partnership Summit - in association with the Ministry of Commerce and Industry's Department of Industrial Policy & Promotion and the Government of Rajasthan.

The Summit, launched in 1995, provides a platform to seize huge opportunities by fostering links in various sectors which need to be addressed to catalyze and enable growth at the macro level. A common platform to leaders from all walks of life to closely examine the synergies that spark the next phase of global growth and play a proactive role in building new bridges to the emerging world by fostering links globally.

The event, taking place on Jan. 15-17, has brought together delegations of 51 countries and international companies.