Global India Business Forum conducted a webinar on September 19, 2020 to discuss the business
opportunities in Palau. Among the panelists present were, Dr. Jitendra Joshi, Global President,
Global India Business Forum, Dr. Ashutosh Misal, Corporate HR Trainer and Host of the event, Mr.
Neeraj Sharma, Honourary Consul General of the Republic of Palau to India and Mr. Manpreet Singh
Nagi, President, Indian Chambers of International Business (ICIB). Mr. Neeraj Sharma shed light
upon the top imports and exports of Palau. Mr. Sharma also said that Palau is the only country
in the world to have zero COVID+ cases. He spoke about how having one of the lowest populations
in the world has only helped the country in a positive manner. This country also has a very high
per-capita income, which is higher than Philippines, and is close to $9000 p.a. which should
bring the attention of MSMEs to this important fact. Some of the biggest sectors contributing to
the country’s economy are tourism and the fishing industry as well. Another advantage that Palau
enjoys is its geographical location as it is surrounded by islands and there is immense movement
of population and goods between these islands. All of these factors act as strengths of the
country and also have the ability to attractive high amount of business opportunities from other
countries.
To view webinar click below link:
http://bit.ly/ICIBJapan
