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{{Short description|Non-governmental trade association}}
{{Orphan|date=October 2019}}
{{Multiple issues|
{{Notability|date=November 2024}}
{{Unreliable sources|date=November 2024}}
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{{Use dmy dates|date=November 2022}}
{{Use Indian English|date=November 2022}}
{{Infobox organization
{{Infobox organization
| name = Indian Economic Trade Organization
| name = Indian Economic Trade Organization
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'''Indian Economic Trade Organization''' ('''IETO''') is an Indian [[Non-governmental organization|non-governmental]] [[trade association]] and [[advocacy group]].<ref>{{Cite web|url=http://www.maeeshat.in/2017/08/india-uae-strategic-conclave-to-be-held-in-dubai-in-sep/|title=India-UAE Strategic Conclave to be held in Dubai in Sep|last=in|first=Maeeshat|date=2017-08-10|website=Maeeshat|language=en-US|access-date=2019-09-04}}</ref><ref>{{Cite web|url=http://www.uniindia.com/ieto-to-organise-kashmir-flashpoint-conference-on-nov-14/states/news/683051.html|title=Ieto To Organise Kashmir Flashpoint Conference On Nov 14|last=|first=|date=11 November 2016|website=www.uniindia.com|archive-url=|archive-date=|access-date=}}</ref><ref>{{Cite web|url=http://www.catchnews.com/national-news/pulwama-terror-attack-a-gift-to-bjp-before-2019-polls-former-raw-chief-as-dulat-154915.html|title='Pulwama terror attack' a gift to BJP before 2019 polls: Former RAW chief AS Dulat|website=CatchNews.com|language=en|access-date=2019-09-04}}</ref><ref>{{Cite web|last=Release|first=ANI Press|title=Opening of India Africa Trade Council in India|url=https://www.business-standard.com/content/press-releases-ani/opening-of-india-africa-trade-council-in-india-121012200377_1.html|access-date=2021-01-30|website=www.business-standard.com}}</ref><ref>{{Cite web|last=admin|title=Opening of the Trade Council of India and Africa in India|url=https://verietyinfo.com/ethiopia/opening-of-the-trade-council-of-india-and-africa-in-india/|access-date=2021-01-30|language=en-US}}</ref> It supports the countries to bolster industry support for stronger participation in the [[multilateral trade]] negotiations process.<ref>{{Cite web|url=https://timesofindia.indiatimes.com/city/bengaluru/csr-should-be-embedded-in-organizations-culture/articleshow/58653333.cms|title=Times Foundation: 'CSR should be embedded in organization's culture' {{!}} Bengaluru News - Times of India|last=May 13|first=TNN {{!}} Updated|last2=2017|website=The Times of India|language=en|access-date=2019-09-04|last3=Ist|first3=6:42}}</ref><ref>{{Cite web|url=http://everythingexperiential.businessworld.in/article/Asian-Arab-Awards-2019-to-be-Held-in-Hyderabad/04-02-2019-166777|title=Asian Arab Awards 2019 to be Held in Hyderabad|website=Everything Experiential|language=en|access-date=2019-09-04}}</ref><ref>{{Cite web|url=https://www.deccanchronicle.com/nation/current-affairs/081116/bengaluru-salutes-israels-warrior-of-peace.html|title=Bengaluru salutes Israel's warrior of peace|date=2016-11-08|website=Deccan Chronicle|language=en|access-date=2019-09-04}}</ref><ref>{{Cite web|url=https://www.businessghana.com/|title=Ghana deepens trade relations with India through GITAC|website=BusinessGhana|access-date=2019-09-04}}</ref>
'''Indian Economic Trade Organization''' ('''IETO''') is an Indian [[Non-governmental organization|non-governmental]] [[trade association]] and [[advocacy group]].<ref>{{Cite web|url=http://www.maeeshat.in/2017/08/india-uae-strategic-conclave-to-be-held-in-dubai-in-sep/|title=India-UAE Strategic Conclave to be held in Dubai in Sep|date=2017-08-10|website=Maeeshat|language=en-US|access-date=2019-09-04|archive-date=4 September 2019|archive-url=https://web.archive.org/web/20190904041852/http://www.maeeshat.in/2017/08/india-uae-strategic-conclave-to-be-held-in-dubai-in-sep/|url-status=dead}}</ref><ref>{{Cite web|url=http://www.uniindia.com/ieto-to-organise-kashmir-flashpoint-conference-on-nov-14/states/news/683051.html|title=Ieto To Organise Kashmir Flashpoint Conference On Nov 14|last=|first=|date=11 November 2016|website=www.uniindia.com|archive-url=|archive-date=|access-date=}}</ref><ref>{{Cite web|url=http://www.catchnews.com/national-news/pulwama-terror-attack-a-gift-to-bjp-before-2019-polls-former-raw-chief-as-dulat-154915.html|title='Pulwama terror attack' a gift to BJP before 2019 polls: Former RAW chief AS Dulat|website=CatchNews.com|language=en|access-date=2019-09-04}}</ref><ref>{{Cite web|title=Opening of India Africa Trade Council in India|url=https://www.business-standard.com/content/press-releases-ani/opening-of-india-africa-trade-council-in-india-121012200377_1.html|access-date=2021-01-30|website=www.business-standard.com}}</ref> It supports the countries to bolster industry support for stronger participation in the [[multilateral trade]] [[negotiation]]s process.<ref>{{Cite web|url=https://timesofindia.indiatimes.com/city/bengaluru/csr-should-be-embedded-in-organizations-culture/articleshow/58653333.cms|title=Times Foundation: 'CSR should be embedded in organization's culture'|date=13 May 2017|website=The Times of India|language=en|access-date=2019-09-04}}</ref><ref>{{Cite web|url=http://everythingexperiential.businessworld.in/article/Asian-Arab-Awards-2019-to-be-Held-in-Hyderabad/04-02-2019-166777|title=Asian Arab Awards 2019 to be Held in Hyderabad|website=Everything Experiential|language=en|access-date=2019-09-04}}</ref><ref>{{Cite web|url=https://www.deccanchronicle.com/nation/current-affairs/081116/bengaluru-salutes-israels-warrior-of-peace.html|title=Bengaluru salutes Israel's warrior of peace|date=2016-11-08|website=Deccan Chronicle|language=en|access-date=2019-09-04}}</ref><ref>{{Cite web|url=https://www.businessghana.com/|title=Ghana deepens trade relations with India through GITAC|website=BusinessGhana|access-date=2019-09-04}}</ref>

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==Background and history==
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The Indian Economic Trade Organization was founded in 2013 by the former Minister of State for Defense and Agriculture, [[S. Krishna Kumar|S. Krishnakumar IAS]] and Dr. Asif Iqbal, who was the executive director of the Asian Arab Chamber of Commerce.<ref>{{Cite web|url=http://www.uniindia.com/~/-international-women-startup-corridor-launched-in-hyderabad/Business%20Economy/news/1546718.html|title=International Women Startup Corridor Launched In Hyderabad|last=|first=|date=31 March 2019|website=United News Of India|archive-url=|archive-date=|access-date=}}</ref><ref>{{Cite web|url=https://bestiu.edu.in/mr-asif-iqbal-president-of-ieto-indian-economic-trade-organization-signing-a-mou-with-best-innovation-university/|title=Mr. Asif Iqbal, President of IETO (Indian Economic Trade Organization) Signing a MOU with B.E.S.T Innovation University. {{!}} B.E.S.T Innovation University|language=en-US|access-date=2019-09-04}}</ref><ref>{{Cite web|url=https://swarnabharat.in/state-office-bearers|title=State Office Bearers|website=swarnabharat.in|language=en|access-date=2019-09-04}}</ref>

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IETO provides consultation services to the foreign companies that seeking local partners, collaborations for service distribution networks, events and conferences.<ref>{{Cite web|url=https://brandequity.economictimes.indiatimes.com/tag/Indian+Economic+Trade+Organization|title=Indian Economic Trade Organization News - Latest Indian Economic Trade Organization News, Information & Updates - Marketing & Advertising News -ET BrandEquity|website=ETBrandEquity.com|language=en|access-date=2019-09-04}}</ref> IETO also receives funds for operations from its members within India. It organizes Asian Arab Awards every year with various partners like the Bahrain Businesswomens Society.<ref>{{Cite web|url=https://telanganatoday.com/hyderabad-ieto-presents-asian-arab-awards|title=Hyderabad: IETO presents Asian Arab Awards|website=Telangana Today|language=en-US|access-date=2019-09-04}}</ref><ref>{{Cite news|url=https://economictimes.indiatimes.com/news/defence/nationalism-alright-if-looked-at-broadly-not-narrowly-a-s-dulat/articleshow/68645420.cms?from=mdr|title=Nationalism alright if looked at broadly, not narrowly: A S Dulat|date=2019-03-30|work=The Economic Times|access-date=2019-09-04}}</ref><ref>{{Cite web|url=https://www.thenews.com.pk/print/451414-dulat-urges-govt-to-talk-with-kashmiris-pakistan|title=Dulat urges govt to talk with Kashmiris, Pakistan|website=www.thenews.com.pk|language=en|access-date=2019-09-04}}</ref> The nominees and achievers are selected by an international jury that has offices in GCC Countries and in the 21 other countries of the continent.<ref>{{Cite web|url=https://www.thehansindia.com/news/cities/hyderabad/baig-chosen-for-asian-arab-award-516105|title=Baig chosen for Asian Arab Award|date=2019-03-28|website=www.thehansindia.com|language=en|access-date=2019-09-04}}</ref><ref>{{Cite web|url=https://telanganatoday.com/hyderabad-ieto-presents-asian-arab-awards|title=Hyderabad: IETO presents Asian Arab Awards|website=Telangana Today|language=en-US|access-date=2019-09-04}}</ref>

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The Indian Economic Trade Organization also conducts green iftar every year to bring in inclusiveness in the society on the [[World Environment Day]], which dishes are substituted with vegetarian food made from organic vegetables.<ref>{{Cite news|url=https://www.thehindu.com/news/cities/bangalore/get-a-taste-of-green-iftar-tomorrow/article24073946.ece|title=Get a taste of green Iftar tomorrow|date=2018-06-04|work=The Hindu|access-date=2019-09-04|language=en-IN|issn=0971-751X}}</ref><ref>{{Cite news|url=https://www.thehindu.com/news/cities/bangalore/israeli-consulate-hosts-iftar-for-first-time-in-south-india/article19121583.ece|title=Israeli consulate hosts iftar for first time in south India|author=Staff Reporter|date=2017-06-22|work=The Hindu|access-date=2019-09-04|language=en-IN|issn=0971-751X}}</ref> In 2016, it collaborated with the Consulate General of [[Israel]] to invite Muslim community for Iftar dinner with the Chief Imam of India. IETO took the Delegation of [[Karnataka]] Chief Minister [[HD Kumaraswamy]] to provide support for agriculture, security, innovation and start-ups.<ref>{{Cite web|url=http://www.indiandefensenews.in/2017/06/israeli-consulate-hosts-iftar-for-first.html|title=Israeli Consulate Hosts Iftar For First Time In South India|access-date=2019-09-04}}</ref><ref>{{Cite web|url=http://www.okhlatimes.com/israel-muslim-professionals-iftar/|title=Israeli Consulate invites Muslim professionals at Iftar party|date=2017-06-25|website=Okhla Times|language=en-US|access-date=2019-09-04}}</ref> It has also worked in for strengthening Bosnia India Relations by starting economic and trade activities in [[Bosnia]] with the help of local participation. Later IETO has also opened for collaborations in [[Kosovo]] for the economic and trade betterment.

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The president welcomed the Indian delegation's visit to Armenia and their intention to develop cooperation. The delegation was headed by Dr. Asif Iqbal and consisted of Bharat Lal Meena, Chairman of the [[B.E.S.T Innovation University|BEST Innovation University]] and Ashok Alur, the Vice Chancellor of the BEST University.<ref>{{Cite web|url=https://armenpress.am/eng/news/992155/|title=Armenian President hosts businessmen, university executives from India|website=armenpress.am|language=en|access-date=2019-10-24}}</ref> IETO launched the Djibouti Trade forum in Hyderabad in the presence of the Ambassador of Djibouti in India Mr. Said Absieh Warsama and the business community in Hyderabad.<ref>{{Cite news|url=https://www.thehindu.com/news/cities/Hyderabad/backing-women-who-dream-big/article26696001.ece|title=Backing women who dream big|date=2019-04-01|work=The Hindu|access-date=2019-10-24|language=en-IN|issn=0971-751X}}</ref><ref>{{Cite web|url=http://www.uniindia.com/~/india-djibouti-trade-forum-launched-in-hyderabad/States/news/1544979.html|title=India Djibouti Trade Forum launched in Hyderabad|last=|first=|date=29 March 2019|website=United News of India|archive-url=|archive-date=|access-date=}}</ref> IETO formed the BBIN chamber of commerce<ref>{{Cite web|title=BBIN Chamber of Commerce Launched|url=https://www.sasec.asia/index.php?page=news&nid=1108&url=bbin-chamber|access-date=2020-10-09|website=SASEC|language=en-US}}</ref> to foster trade and Commerce between the four countries [[Bhutan]], [[Bangladesh]], India and [[Nepal]],<ref>{{Cite web|url=https://bangladeshpost.net/posts/promoting-bd-s-trade-eyed-bbin-chamber-lau17494|title=Promoting BD's trade eyed, BBIN Chamber Launched|website=bangladeshpost.net|language=en|access-date=2019-11-20}}{{Dead link|date=September 2024 |bot=InternetArchiveBot |fix-attempted=yes }}</ref><ref>{{Cite web|title=BBIN chamber launched|url=https://www.daily-sun.com/post/439201/BBIN-chamber-launched|access-date=2020-10-09|website=Daily Sun|language=en}}</ref> to build effective relations and to fill in gaps left by MSMEs in all four countries.<ref>{{Cite web|url=http://www.theindependentbd.com/printversion/details/224097|title=BBIN chamber launched|website=BBIN chamber launched {{!}} theindependentbd.com|access-date=2019-11-20}}</ref><ref>{{Cite web|url=https://unb.com.bd/category/Bangladesh/bbin-chamber-launched/34753|title=BBIN chamber launched|last=|first=|date=|website=unb.com.bd|language=English|archive-url=|archive-date=|access-date=2019-11-20}}</ref><ref>{{Cite web|last=|first=|date=|title=Bikram Pandey nominated as Vice President of BBIN Chamber of Commerce|url=https://www.tourismmail.com/bikram-pandey-nominated-as-vice-president-of-bbin-chamber-of-commerce|archive-url=|archive-date=|access-date=|website=www.tourismmail.com/}}{{Dead link|date=September 2024 |bot=InternetArchiveBot |fix-attempted=yes }}</ref><ref>{{Cite web|title=BBIN chamber launched {{!}} Independent|url=http://m.theindependentbd.com//home/printnews/224097|access-date=2020-10-09|website=m.theindependentbd.com}}</ref> The BBIN announced the centenary celebrations of [[Sheikh Mujibur Rahman]] in India in 2020 to foster friendship between two nations.<ref>{{Cite web|url=http://dailyasianage.com/news/205350/?regenerate|title=BBIN chamber launched {{!}} The Asian Age Online, Bangladesh|website=The Asian Age|language=en|access-date=2019-11-20}}</ref>

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IETO organized the 2019 International Migrants Day in New Delhi, attended by Wael Battrekhi, minister counsellor for Palestine's embassy in India.<ref>{{Cite web|url=https://www.outlookindia.com/newsscroll/palestinian-refugees-still-suffer-due-to-inadequate-international-protection-embassy-official/1688090|title=Palestinian refugees still suffer due to inadequate international protection: Embassy official|last=|first=|date=|website=Outlookindia.com|archive-url=|archive-date=|access-date=2020-01-03}}</ref><ref>{{Cite web|url=https://health.economictimes.indiatimes.com/news/industry/india-needs-to-contribute-more-in-medical-tourism-asif-iqbal/72947495|title=India needs to contribute more in medical tourism: Asif Iqbal|website=ETHealthworld.com|language=en|access-date=2020-01-03}}</ref><ref>{{Cite web|url=https://www.devdiscourse.com/article/national/788129-palestinian-refugees-still-suffer-due-to-inadequate-international-protection-embassy-official|title=Palestinian refugees still suffer due to inadequate international protection: Embassy official|website=Devdiscourse|language=en|access-date=2020-01-03}}</ref> IETO organised the India Africa Economic Forum in association with the India Africa Trade Council with 23 countries<ref>{{Cite web|title=Opening of India Africa Trade Council in India|url=https://www.aninews.in/news/business/opening-of-india-africa-trade-council-in-india20210122102509/|access-date=2021-01-30|website=ANI News|language=en}}</ref><ref>{{Cite web|last=|first=|date=|title=Opening of India Africa Trade Council in India|url=https://www.outlookindia.com/newsscroll/opening-of-india-africa-trade-council-in-india/2015191|archive-url=|archive-date=|access-date=2021-01-30|website=www.outlookindia.com/}}</ref><ref>{{Cite web|title=India Africa Trade Council 2021 inaugurated in Chennai, India|url=https://affairscloud.com/india-africa-trade-council-inaugurated-in-india/|access-date=2021-01-30|website=affairscloud.com}}</ref><ref>{{Cite web|title=Ethiopian Ambassador, Indian Offiicals India-Africa trade council office|url=https://www.fanabc.com/english/ethiopian-ambassador-indian-offiicals-india-africa-trade-council-office/|access-date=2021-01-30|website=Welcome to Fana Broadcasting Corporate S.C|language=en-US}}</ref> and Ambassadors of [[Zimbabwe]], [[Malawi]], [[Zambia]], [[Gabon]] and [[Namibia]], [[Ghana]], [[Ethiopia|Ethiopi]]a and ministerial delegates from [[Mali]], [[Mauritania]], [[Tunisia]], and [[Ivory Coast]].<ref>{{Cite web|date=2020-12-08|title=Summit sees trade potential between Africa, India|url=https://www.theafricangazette.com/business/summit-sees-trade-potential-between-af/|access-date=2020-12-12|website=The African Gazette|language=en-US}}</ref><ref>{{Cite web|date=2020-12-04|title=Virtual Summit Sees Potential To Increase Trade Between India and Africa|url=https://www.techfinancials.co.za/2020/12/04/virtual-summit-sees-potential-to-increase-trade-between-india-and-africa/|access-date=2020-12-12|website=TechFinancials|language=en-ZA}}</ref><ref>{{Cite web|title=Opening of India Africa Trade Council in India|url=https://in.news.yahoo.com/opening-india-africa-trade-council-045936522.html|access-date=2021-01-30|website=in.news.yahoo.com|language=en-IN}}</ref><ref>{{Cite news|date=2021-01-22|title=Business delegation from south India to tour Africa|language=en-IN|work=The Hindu|url=https://www.thehindu.com/news/cities/chennai/business-team-from-south-india-to-tour-africa/article33630521.ece|access-date=2021-01-30|issn=0971-751X}}</ref><ref>{{Cite web|title=भारत में इंडिया अफ्रीका ट्रेड काउंसिल की शुरुआत|url=https://www.patrika.com/chennai-news/opening-ofindia-africa-trade-council-in-india-6644285/|access-date=2021-01-30|website=Patrika News|language=hindi}}</ref>

In 2020, Dr Asif Iqbal, the president of IETO inaugurated The Indo-Baltic Trade Council.<ref>{{Cite web|title=Indo-Baltic Trade Council held with eye on ease of doing business|url=https://in.news.yahoo.com/indo-baltic-trade-council-held-080654521.html|access-date=2021-02-04|website=in.news.yahoo.com|language=en-IN}}</ref>

In Feb 2021, IETO opens the Asian Arab chamber of Commerce in [[Chennai, India]], which was inaugurated by Ambassador of Kazakhstan [[Yerlan Alimbayev]].{{Citation needed|date=March 2024}} In the same month India Tunisia business council was also launched.<ref>{{Cite web|title='India Tunisia Business Council' Launched for Boosting Trade Relations|url=https://affairscloud.com/india-tunisia-business-council-launched-for-boosting-trade-relations/|access-date=2021-03-25|website=affairscloud.com}}</ref>

In March 2021, IETO in collaboration with the Latin America Caribbean Federation of India opened the Ecuador trade office in [[Bangalore]] which was inaugurated by Ambassador of Ecuador to India, Hector Gonzalo Cueva.<ref>{{Cite web|title=News of|url=http://agriexchange.apeda.gov.in/news/Newssearch.aspx?newsid=35890&Date=10Feb2021|access-date=2021-03-25|website=agriexchange.apeda.gov.in}}</ref>

IETO led the Indian official delegation to [[Zimbabwe]] in association with the [[Zimbabwe National Chamber of Commerce|Zimbabwe National Chamber of Commerce (ZNCC)]] and Zimbabwe Miners Federation (ZNF) . The delegation signed 19 MOU's in areas of Smart Mining, Agriculture, Tourism, Health and Films. The delegation was hosted by the Deputy Minister of Trade & Commerce Mr. Raj Modi.<ref>{{Cite web|title=Indian business delegation arrives|url=https://www.herald.co.zw/indian-business-delegation-arrives/|access-date=2021-05-12|website=The Herald|language=en-GB}}</ref><ref>{{Cite web|title=India investors see vast opportunities in Bulawayo|url=https://www.sundaynews.co.zw/india-investors-see-vast-opportunities-in-bulawayo/|access-date=2021-05-12|website=The Sunday News|language=en-GB}}</ref><ref>{{Cite web|date=2021-05-05|title=ZMF in strategic partnership with the Zimbabwe India Trade Council (ZITC)|url=https://miningzimbabwe.com/zmf-in-strategic-partnership-with-zimbabwe-india-trade-council-zitc/|access-date=2021-05-12|website=Mining Zimbabwe|language=en-US}}</ref><ref>{{Cite web|date=2021-05-06|title=Indian cinema partners Zim film industry|url=https://www.newsday.co.zw/2021/05/indian-cinema-partners-zim-film-industry/|access-date=2021-05-12|website=NewsDay Zimbabwe|language=en-US}}</ref>

The President of the IETO Dr. Asif Iqbal was invited by the Russian Government to lead Indian delegation at the [[St. Petersburg International Economic Forum]] which was held in Saint Petersburg in June 2021. During this time Dr. Iqbal met with the Governor of Saint Petersburg [[Alexander Beglov]], Vice President of the Saint Petersburg Chamber of Commerce Ekaterina Lebedeva and Consul General of India Deepak Miglani, IFS from the Ministry of External Affairs, Govt of India.<ref>{{Cite web|title=Indian companies to explore health and innovation opportunities in Russia|url=https://theprint.in/ani-press-releases/indian-companies-to-explore-health-and-innovation-opportunities-in-russia/675933/}}</ref><ref>{{Cite web|title=Indian companies to explore health and innovation opportunities in Russia|url=https://www.business-standard.com/content/press-releases-ani/indian-companies-to-explore-health-and-innovation-opportunities-in-russia-121061100631_1.html|access-date=2021-06-17|website=www.business-standard.com}}</ref>

On 3 August 2021, the Namibia High Commissioner in India Gabriel Sinimbo inaugurated the India Namibia Trade Forum in Chennai, along with the Director of the Ministry of External Affairs Venkatachallam Murugan and the President of the Indian Economic Trade Organization Dr. Asif Iqbal. The delegation from South India went to Namibia in March 2020 to conduct the India Namibia business forum with more than 50 Namibian companies.<ref>{{Cite news|date=2021-08-04|title=T.N. delegation to visit Namibia soon|language=en-IN|work=The Hindu|url=https://www.thehindu.com/news/national/tamil-nadu/tn-delegation-to-visit-namibia-soon/article35711912.ece|access-date=2021-08-18|issn=0971-751X}}</ref><ref>{{Cite web|date=2021-08-04|title=Namibia woos South Indian businessmen, opens new trade commission office in Chennai - Navjeevan Express|url=https://navjeevanexpress.com/namibia-woos-south-indian-businessmen-opens-new-trade-commission-office-in-chennai/|access-date=2021-08-18|language=en-US}}</ref>

Namibia mulls direct export of diamonds and semi-precious stones to India.<ref>{{Cite web|title=Namibia mulls direct export of diamonds and semi-precious stones to India|url=https://www.thehindubusinessline.com/news/national/namibia-mulls-direct-export-of-diamonds-and-semi-precious-stones-to-india/article35707126.ece|access-date=2021-08-18|website=@businessline|language=en}}</ref>

The IETO organized the EAC (East Africa Community) summit in New Delhi which saw participation of the High Commissioner of Rwanda in India Ms. Jacqueline Mukangira and the High Commissioner of Tanzania Baraka H. Luvanda, both members of the EAC. The chief guest was Mr. Puneet Kundal IFS, the Joint Secretary of the East and South Africa (E&SA) Division, Ministry of External Affairs, Govt of India.{{Citation needed|date=April 2024}}

In December 2021, The Ambassador of [[Sierra Leone]] to India Rashid Sesay was welcomed by Dr. Asif Iqbal, President of IETO and various trade initiatives were discussed including the visit of Multisectoral Indian Delegation to [[Sierra Leone]].{{Citation needed|date=April 2024}}

The President of the IETO and [[India Africa Trade Council|India Africa Trade Council (IATC)]] Dr. Asif Iqbal and the India Pacific Trade Council organized the Launch of [[Papua New Guinea]] coffee in India with the High Commissioner of Papua New Guinea Paulias Korni OBE and the Finance Minister of [[Tamil Nadu]] Palanivel Thiaga Rajan in Chennai with the Ministry of External Affairs Head of Secretariat Mr. Venkatachalam Murugan.<ref>{{Cite web|date=2022-01-10|title=TN Minister Palanivel Thiagarajan launches PNG Coffee in India; AdzGuru connects businesses of India, Papua New Guinea|url=https://theprint.in/ani-press-releases/tn-minister-palanivel-thiagarajan-launches-png-coffee-in-india-adzguru-connects-businesses-of-india-papua-new-guinea/799637/|access-date=2022-02-07|website=ThePrint|language=en-US}}</ref><ref>{{Cite web|date=2022-01-10|title=Papua New Guinea Launches Coffee in India - Articles|url=https://www.zee5.com/articles/papua-new-guinea-launches-coffee-in-india|access-date=2022-02-07|website=ZEE5|language=en}}</ref>

In March 2022, The trade Delegation from Telangana for Pharma and Diamond sectors was announced to Namibia by the High Commissioner of Namibia.<ref>{{Cite web |date=2022-03-14 |title=Delegation from Telangana announced for Namibia for diamonds and pharma sectors |url=https://theprint.in/ani-press-releases/delegation-from-telangana-announced-for-namibia-for-diamonds-and-pharma-sectors/873111/ |access-date=2022-03-26 |website=ThePrint |language=en-US}}</ref><ref>{{Cite web |title=Delegation from Telangana announced for Namibia for diamonds and pharma sectors |url=https://www.business-standard.com/content/press-releases-ani/delegation-from-telangana-announced-for-namibia-for-diamonds-and-pharma-sectors-122031401050_1.html |access-date=2022-03-26 |website=www.business-standard.com}}</ref>

In March 2022, IETO starts India Cuba Trade and Pharma Relationships in Telangana.<ref>{{Cite web |title=Caribbean Country Cuba starts trade opportunities in Telangana |url=https://www.aninews.in/news/business/business/caribbean-country-cuba-starts-trade-opportunities-in-telangana20220322145325/ |access-date=2022-03-26 |website=ANI News |language=en}}</ref><ref>{{Cite web |date=2022-03-22 |title=Caribbean Country Cuba starts trade opportunities in Telangana |url=https://theprint.in/ani-press-releases/caribbean-country-cuba-starts-trade-opportunities-in-telangana/883407/ |access-date=2022-03-26 |website=ThePrint |language=en-US}}</ref>

In May 2022, First Lady of Zimbabwe Dr. [[Auxillia Mnangagwa]], visited India along with 23 member delegation on behalf of the Angel of Hope Foundation, she was received by IETO president Asif Iqbal, Amararam Gurjar, Director (East and South Africa Division) Ministry of External Affairs, Govt of India and the Ambassador of Zimbabwe to India Dr. Majoni Godfrey Chipare.<ref>{{Cite web |last=Herald |first=The |title=First Lady's love shines across oceans |url=https://www.herald.co.zw/first-ladys-love-shines-across-oceans/ |access-date=2022-05-11 |website=The Herald |language=en-GB}}</ref><ref>{{Cite web |last=admin |date=2022-05-10 |title=ZIMBABWE FIRST LADY HE AUXILLIA MNANGAGWA VISITS INDIA 5th May, 2022 |url=https://thetimesnews.co.in/zimbabwe-first-lady-he-auxillia-mnangagwa-visits-india-5th-may-2022/ |access-date=2022-05-11 |website=The Times News |language=en-US}}</ref>

In 2022, IATC President Asif Iqbal, participated in the [[2022 Commonwealth Heads of Government Meeting|CHOGM2022]] meeting in [[Kigali|Kigali Rwanda]] and met various heads of state to discuss trade relations, these included the President of Guyana [[Irfaan Ali|Irfan Ali]], Prime Minister of Bahamas [[Philip Davis (Bahamian politician)|Philip Davis]], Prime Minister of SAMOA Ms. [[Fiamē Naomi Mataʻafa]], CEO of [[Rwanda Development Board]] [[Clare Akamanzi]], Foreign Minister of [[Gabon]] Michael Moussa Adamo, Foreign Minister of Bangladesh Dr. [[AK Abdul Momen|A. K. Abdul Momen]], CEO of Trade Malta [[Anton Buttigieg|Anton Buttigeig]], CEO of the Botswana Investment and Trade Centre Keletsositse Olebile, Ambassador of Samoa in Belgium Francella Strickland, Chairman of EDO state Government in Nigeria Greg Obgeifun and representative of IMF in Rwanda, Gabor Pula.<ref>{{Cite web |last=admin |date=2022-06-29 |title=IETO Delegation congratulates Togo and Gabon for being admitted to CHOGM |url=https://thetimesnews.co.in/ieto-delegation-congratulates-togo-and-gabon-for-being-admitted-to-chogm/ |access-date=2022-07-04 |website=The Times News |language=en-US}}</ref>

In September 2022, IETO Delegation visited Namibia for the Mining Expo and participated in the India Namibia Conference which also saw the appointment of Kamaldeep Gill as Agriculture Commissioner of the India Africa Trade Council.<ref>{{Cite web |last=Namibian |first=The |title=India has 'tremendous' interest in Namibia |url=https://www.namibian.com.na/index.php?page=archive-read&id=6223661 |access-date=2022-10-29 |website=The Namibian |language=en}}</ref><ref>{{Cite web |last=Dlamini |first=Matthew |date=2022-09-20 |title=Namibia: India Has 'Tremendous' Interest in Namibia |url=https://allafrica.com/stories/202209200539.html |access-date=2022-10-29 |website=allAfrica.com |language=en}}</ref>

In 2022, The Indian delegation visited Ghana to inaugurate the office of the Central and Western Africa as Headquarter of [[India Africa Trade Council|IATC]] Central and West Africa.<ref>{{Cite web |date=2022-10-22 |title=We're happy you chose Ghana as headquarters for India Africa Trade Council - Ga Mantse |url=https://www.ghanaweb.com/GhanaHomePage/business/We-re-happy-you-chose-Ghana-as-headquarters-for-India-Africa-Trade-Council-Ga-Mantse-1647764 |access-date=2022-10-29 |website=GhanaWeb |language=en}}</ref><ref>{{Cite web |date=2022-10-21 |title=You have our support for selecting Ghana as headquarters for the India AfricaTrade Council (Central/West Africa) - Deputy Minister Declares |url=https://africanentertainment.com/you-have-our-support-for-selecting-ghana-as-headquarters-for-the-india-africatrade-council-central-west-africa-deputy-minister-declares/ |access-date=2022-10-29 |website=African Entertainment |language=en-US}}</ref> That same year, a MOU was signed between Indian Economic Trade Organization and [[Lesotho]]<ref>{{Cite web |title=India Lesotho Business Council launched |url=https://www.aninews.in/news/business/business/india-lesotho-business-council-launched20220627171953/ |access-date=2022-10-29 |website=ANI News |language=en}}</ref> as well as with [[Gabon]] for business between the two respective nations.<ref>{{Cite web |title=India GABON Business Council launched on the National Day of Gabon |url=https://www.aninews.in/news/business/business/india-gabon-business-council-launched-on-the-national-day-of-gabon20220824124545/ |access-date=2022-10-29 |website=ANI News |language=en}}</ref>

IETO is coordinating with local Indian companies on trade with [[Russia]] to Conduct Bilateral Business in Local Currencies and promote UPI system of payments. To bypass the dollar-denominated trades by creating an alternative payment ecosystem other than the global [[SWIFT]] platform.<ref>{{Cite web |date=2022-08-22 |title=Indian, Russian banks in talks to conduct bilateral business in local currencies |url=https://www.timesnownews.com/business-economy/economy/indian-russian-banks-in-talks-to-conduct-bilateral-business-in-local-currencies-article-93698253 |access-date=2022-12-26 |website=TimesNow |language=en}}</ref><ref>{{Cite news |last=Das |first=Saikat |title=GAIL in gas import talks with Russia's Gazprom |work=The Economic Times |url=https://economictimes.indiatimes.com/news/india/gail-in-gas-import-talks-with-russias-gazprom/articleshow/93787506.cms |access-date=2022-12-26}}</ref>


IETO delegation visited Jamaica and were hosted by the Indian High Commissioner Masakui Rungsung and Senator [[Aubyn Hill]], Minister of Industry, Investment, & Commerce of Jamaica. The delegation was accompanied by Sujata Vanjamuri the Trade Commissioner of the Latin American Caribbean Trade Council.<ref>{{Cite web |date=2023-04-27 |title=Indian Delegation meets with Minister Aubyn Hill |url=https://www.miic.gov.jm/content/indian-delegation-meets-minister-aubyn-hill |access-date=2023-07-02 |website=The Ministry of Industry, Investment and Commerce |language=en}}</ref><ref>{{Cite web |last=PR |first=ANI |date=2023-05-17 |title=Indian Companies to cement ties with JAMAICA for stronger collaboration |url=https://theprint.in/ani-press-releases/indian-companies-to-cement-ties-with-jamaica-for-stronger-collaboration/1579497/ |access-date=2023-07-02 |website=ThePrint |language=en-US}}</ref>
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==Background==
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The Indian Economic Trade Organization was founded in 2013 by the former Minister of State for Defense and Agriculture, [[S. Krishna Kumar|S. Krishnakumar IAS]] and Dr. Asif Iqbal, who was the executive director of the Asian Arab Chamber of Commerce.<ref>{{Cite web|url=http://www.uniindia.com/~/-international-women-startup-corridor-launched-in-hyderabad/Business%20Economy/news/1546718.html|title=International Women Startup Corridor Launched In Hyderabad|last=|first=|date=31 March 2019|website=United News Of India|archive-url=|archive-date=|access-date=}}</ref><ref>{{Cite web|url=https://bestiu.edu.in/mr-asif-iqbal-president-of-ieto-indian-economic-trade-organization-signing-a-mou-with-best-innovation-university/|title=Mr. Asif Iqbal, President of IETO (Indian Economic Trade Organization) Signing a MOU with B.E.S.T Innovation University. {{!}} B.E.S.T Innovation University|language=en-US|access-date=2019-09-04}}</ref><ref>{{Cite web|url=https://swarnabharat.in/state-office-bearers|title=State Office Bearers|last=Party|first=Swarna Bharat|website=swarnabharat.in|language=en|access-date=2019-09-04}}</ref><ref>{{Cite web|last=|first=|date=|title=BBIN gets new tourism chief|url=https://www.kathmandutribune.com/bikram-pandey-nominated-as-vice-president-of-bbin-chamber-of-commerce/|url-status=live|archive-url=|archive-date=|access-date=|website=tbsnews.net/}}</ref>


The [[India Africa Trade Council]] organized the IATC 2023 Awards for Excellence in the continental relationships. The recipients this year were the Vice President of Zimbabwe, Trade Minister of Malawi and Gabon, Housing Minister from Republic of Chad, Ministers from Congo and High commissioner from Eswatini and Namibia along with other Indian companies like Jindal Steel, ITC Agro, Afro Asian Rural Development Organization among others.<ref>{{Cite web |title=VP Chiwenga gets India-Africa Achievers award |url=https://www.herald.co.zw/vp-chiwenga-gets-india-africa-achievers-award/ |access-date=2023-07-02 |website=The Herald |language=en}}</ref>
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IETO provides consultation services to the foreign companies that seeking local partners, collaborations for service distribution networks, events and conferences.<ref>{{Cite web|url=https://brandequity.economictimes.indiatimes.com/tag/Indian+Economic+Trade+Organization|title=Indian Economic Trade Organization News - Latest Indian Economic Trade Organization News, Information & Updates - Marketing & Advertising News -ET BrandEquity|last=www.ETBrandEquity.com|website=ETBrandEquity.com|language=en|access-date=2019-09-04}}</ref> IETO also receives funds for operations from its members within India. It organizes Asian Arab Awards every year with various partners like the Bahrain Businesswomens Society.<ref>{{Cite web|url=https://telanganatoday.com/hyderabad-ieto-presents-asian-arab-awards|title=Hyderabad: IETO presents Asian Arab Awards|last=AuthorTelanganaToday|website=Telangana Today|language=en-US|access-date=2019-09-04}}</ref><ref>{{Cite news|url=https://economictimes.indiatimes.com/news/defence/nationalism-alright-if-looked-at-broadly-not-narrowly-a-s-dulat/articleshow/68645420.cms?from=mdr|title=Nationalism alright if looked at broadly, not narrowly: A S Dulat|date=2019-03-30|work=The Economic Times|access-date=2019-09-04}}</ref><ref>{{Cite web|url=https://www.thenews.com.pk/print/451414-dulat-urges-govt-to-talk-with-kashmiris-pakistan|title=Dulat urges govt to talk with Kashmiris, Pakistan|website=www.thenews.com.pk|language=en|access-date=2019-09-04}}</ref> The nominees and achievers are selected by an international jury that has offices in GCC Countries and in the 21 other countries of the continent.<ref>{{Cite web|url=https://www.thehansindia.com/news/cities/hyderabad/baig-chosen-for-asian-arab-award-516105|title=Baig chosen for Asian Arab Award|last=Service|first=Hans News|date=2019-03-28|website=www.thehansindia.com|language=en|access-date=2019-09-04}}</ref><ref>{{Cite web|url=https://telanganatoday.com/hyderabad-ieto-presents-asian-arab-awards|title=Hyderabad: IETO presents Asian Arab Awards|last=AuthorTelanganaToday|website=Telangana Today|language=en-US|access-date=2019-09-04}}</ref>


In August 2023, The regional office of the India ASEAN trade council was inaugurated in [[Pune]] by the Maharashtra's Minister of Social Welfare, Dileep Kamble and [[Member of the Legislative Assembly (India)|MLA]] [[Eknath Khadse]]. Dr Sachin Kate was appointed as the Trade Commissioner of the India ASEAN Trade Council.<ref>{{Cite web |last=Desk |date=2023-08-22 |title=India ASEAN Trade Council opens office in Pune to promote trade relations |url=https://nrinews24x7.com/india-asean-trade-council-opens-office-in-pune-to-promote-trade-relations/ |access-date=2023-12-29 |website=NRI News |language=en-US}}</ref><ref>{{Cite news |date=2023-08-26 |title=India Asean Trade Council plans grand event to highlight state in Asean countries |url=https://timesofindia.indiatimes.com/business/india-business/india-asean-trade-council-plans-grand-event-to-highlight-state-in-asean-countries/articleshow/103084801.cms |access-date=2024-07-02 |work=The Times of India |issn=0971-8257}}</ref> That same month IETO Signed MOU with the University of Commonwealth Caribbean in New Delhi in the presence of High Commissioner of Jamaica Jason Hall, High Commissioner of Gabon Josephine Ntyam, and High Commissioner of Seychelles Harisoa Lalatiana Accouche in New Delhi. The conference witnessed representation from The Gambia, Australia, Malaysia and Papua New Guinea.<ref>{{Cite web |title=University of Commonwealth Caribbean and Latin American Caribbean Trade Council Forge Strategic Trade MOU at India Commonwealth Trade Conference |url=https://www.business-standard.com/content/press-releases-ani/university-of-commonwealth-caribbean-and-latin-american-caribbean-trade-council-forge-strategic-trade-mou-at-india-commonwealth-trade-conference-123082300400_1.html |website=business-standard}}</ref>
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The Indian Economic Trade Organization also conducts green iftar every year to bring in inclusiveness in the society on the [[World Environment Day]], which dishes are substituted with vegetarian food made from organic vegetables.<ref>{{Cite news|url=https://www.thehindu.com/news/cities/bangalore/get-a-taste-of-green-iftar-tomorrow/article24073946.ece|title=Get a taste of green Iftar tomorrow|date=2018-06-04|work=The Hindu|access-date=2019-09-04|others=Special Correspondent|language=en-IN|issn=0971-751X}}</ref><ref>{{Cite news|url=https://www.thehindu.com/news/cities/bangalore/israeli-consulate-hosts-iftar-for-first-time-in-south-india/article19121583.ece|title=Israeli consulate hosts iftar for first time in south India|author=Staff Reporter|date=2017-06-22|work=The Hindu|access-date=2019-09-04|language=en-IN|issn=0971-751X}}</ref> In 2016, it collaborated with the Consulate General of [[Israel]] to invite muslim community for Iftar dinner with the Chief Imam of India. IETO took the Delegation of [[Karnataka]] Chief Minister [[HD Kumaraswamy]] to provide support for agriculture, security, innovation and start-ups.<ref>{{Cite web|url=http://www.indiandefensenews.in/2017/06/israeli-consulate-hosts-iftar-for-first.html|title=Israeli Consulate Hosts Iftar For First Time In South India|access-date=2019-09-04}}</ref><ref>{{Cite web|url=http://www.okhlatimes.com/israel-muslim-professionals-iftar/|title=Israeli Consulate invites Muslim professionals at Iftar party|last=okhla_admin|date=2017-06-25|website=Okhla Times|language=en-US|access-date=2019-09-04}}</ref> It has also worked in for strengthening Bosnia India Relations by starting economic and trade activities in [[Bosnia]] with the help of local participation. Later IETO has also opened for collaborations in [[Kosovo]] for the economic and trade betterment.


In Dec 2023, IETO Delegation met with Ambassador of India in Vietnam, Sandeep Arya and briefed him about the Signed MOU with the Vietnamese counterparts Global Genius Network in [[Haiphong|Hai Phong city]]. Mr. Nguyen Phu was appointed Director of Vietnam for India ASEAN Trade Council.<ref>{{Cite web |title=Driving Economic Diplomacy between India and Vietnam |url=https://www.aninews.in/news/business/business/driving-economic-diplomacy-between-india-and-vietnam20231216131259/ |website=aninews}}</ref>
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The president welcomed the Indian delegation’s visit to Armenia and their intention to develop cooperation. The delegation was headed by Dr. Asif Iqbal and consisted of Bharat Lal Meena, Chairman of the [[B.E.S.T Innovation University|BEST Innovation University]] and Ashok Alur, the Vice Chancellor of the BEST University.<ref>{{Cite web|url=https://armenpress.am/eng/news/992155/|title=Armenian President hosts businessmen, university executives from India|website=armenpress.am|language=en|access-date=2019-10-24}}</ref> IETO launched the Djibouti Trade forum in Hyderabad in the presence of the Ambassador of Djibouti in India Mr. Said Absieh Warsama and the business community in Hyderabad.<ref>{{Cite news|url=https://www.thehindu.com/news/cities/Hyderabad/backing-women-who-dream-big/article26696001.ece|title=Backing women who dream big|date=2019-04-01|work=The Hindu|access-date=2019-10-24|others=Special Correspondent|language=en-IN|issn=0971-751X}}</ref><ref>{{Cite web|url=http://www.uniindia.com/~/india-djibouti-trade-forum-launched-in-hyderabad/States/news/1544979.html|title=India Djibouti Trade Forum launched in Hyderabad|last=|first=|date=29 March 2019|website=United News of India|url-status=live|archive-url=|archive-date=|access-date=}}</ref> IETO formed the BBIN chamber of commerce<ref>{{Cite web|title=BBIN Chamber of Commerce Launched|url=https://www.sasec.asia/index.php?page=news&nid=1108&url=bbin-chamber|access-date=2020-10-09|website=SASEC|language=en-US}}</ref> to foster trade and Commerce between the four countries [[Bhutan]], [[Bangladesh]], India and [[Nepal]],<ref>{{Cite web|url=https://bangladeshpost.net/posts/promoting-bd-s-trade-eyed-bbin-chamber-lau17494|title=Promoting BD's trade eyed, BBIN Chamber Launched|website=bangladeshpost.net|language=en|access-date=2019-11-20}}</ref><ref>{{Cite web|title=BBIN chamber launched|url=https://www.daily-sun.com/post/439201/BBIN-chamber-launched|access-date=2020-10-09|website=Daily Sun|language=en}}</ref> to build effective relations and to fill in gaps left by MSMEs in all four countries.<ref>{{Cite web|url=http://www.theindependentbd.com/printversion/details/224097|title=BBIN chamber launched|website=BBIN chamber launched {{!}} theindependentbd.com|access-date=2019-11-20}}</ref><ref>{{Cite web|url=https://unb.com.bd/category/Bangladesh/bbin-chamber-launched/34753|title=BBIN chamber launched|last=|first=|date=|website=unb.com.bd|language=English|url-status=live|archive-url=|archive-date=|access-date=2019-11-20}}</ref><ref>{{Cite web|last=|first=|date=|title=Bikram Pandey nominated as Vice President of BBIN Chamber of Commerce|url=https://www.tourismmail.com/bikram-pandey-nominated-as-vice-president-of-bbin-chamber-of-commerce|url-status=live|archive-url=|archive-date=|access-date=|website=www.tourismmail.com/}}</ref><ref>{{Cite web|title=BBIN chamber launched {{!}} Independent|url=http://m.theindependentbd.com//home/printnews/224097|access-date=2020-10-09|website=m.theindependentbd.com}}</ref> The BBIN announced the centenary celebrations of [[Sheikh Mujibur Rahman]] in India in 2020 to foster friendship between two nations.<ref>{{Cite web|url=http://dailyasianage.com/news/205350/?regenerate|title=BBIN chamber launched {{!}} The Asian Age Online, Bangladesh|last=Online|first=Asian Age|website=The Asian Age|language=en|access-date=2019-11-20}}</ref>


In 2023, a delegation of IETO visited Vietnam to attend the Horasis conference in [[Bình Dương province|Binh Duong]].<ref>{{Cite web |title=Horasis Global Meeting 2023 program brochure |url=https://horasis.org/wp-content/uploads/2023/10/Horasis-Global-Meeting-2023-programme-brochure.pdf |website=Horasis Global}}</ref><ref>{{Cite web |title=HORASIS ASIA MEETING 2023: Seeking solutions for sustainable supply chain development |url=https://baobinhduong.vn/en/horasis-asia-meeting-2023-seeking-solutions-for-sustainable-supply-chain-development-a311280.html |access-date=2024-07-02 |website=baobinhduong.vn |language=en}}</ref> IETO delegation, lead by consul general of India in Vietnam, Madan Mohan Sethi, was also invited by the [[Đắk Lắk province|Dak Lak Province]].<ref>{{Cite web |date= |title=India ASEAN Trade Council in Telangana promoting Economic Diplomacy between India and Vietnam |url=https://www.business-standard.com/content/press-releases-ani/india-asean-trade-council-in-telangana-promoting-economic-diplomacy-between-india-and-vietnam-124042300383_1.html |website=Business Standard}}</ref>
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IETO organized the 2019 International Migrants Day in New Delhi, attended by Wael Battrekhi, minister counsellor for Palestine's embassy in India.<ref>{{Cite web|url=https://www.outlookindia.com/newsscroll/palestinian-refugees-still-suffer-due-to-inadequate-international-protection-embassy-official/1688090|title=Palestinian refugees still suffer due to inadequate international protection: Embassy official|last=|first=|date=|website=Outlookindia.com|url-status=live|archive-url=|archive-date=|access-date=2020-01-03}}</ref><ref>{{Cite web|url=https://health.economictimes.indiatimes.com/news/industry/india-needs-to-contribute-more-in-medical-tourism-asif-iqbal/72947495|title=India needs to contribute more in medical tourism: Asif Iqbal - ET HealthWorld|last=www.ETHealthworld.com|website=ETHealthworld.com|language=en|access-date=2020-01-03}}</ref><ref>{{Cite web|url=https://www.devdiscourse.com/article/national/788129-palestinian-refugees-still-suffer-due-to-inadequate-international-protection-embassy-official|title=Palestinian refugees still suffer due to inadequate international protection: Embassy official|website=Devdiscourse|language=en|access-date=2020-01-03}}</ref> IETO organised the India Africa Economic Forum in association with the India Africa Trade Council with 23 countries<ref>{{Cite web|title=Opening of India Africa Trade Council in India|url=https://www.aninews.in/news/business/opening-of-india-africa-trade-council-in-india20210122102509/|access-date=2021-01-30|website=ANI News|language=en}}</ref><ref>{{Cite web|last=|first=|date=|title=Opening of India Africa Trade Council in India|url=https://www.outlookindia.com/newsscroll/opening-of-india-africa-trade-council-in-india/2015191|url-status=live|archive-url=|archive-date=|access-date=2021-01-30|website=www.outlookindia.com/}}</ref><ref>{{Cite web|title=India Africa Trade Council 2021 inaugurated in Chennai,India|url=https://affairscloud.com/india-africa-trade-council-inaugurated-in-india/|access-date=2021-01-30|website=affairscloud.com}}</ref><ref>{{Cite web|title=Ethiopian Ambassador, Indian Offiicals India-Africa trade council office|url=https://www.fanabc.com/english/ethiopian-ambassador-indian-offiicals-india-africa-trade-council-office/|access-date=2021-01-30|website=Welcome to Fana Broadcasting Corporate S.C|language=en-US}}</ref> and Ambassadors of [[Zimbabwe]], [[Malawi]], [[Zambia]], [[Gabon]] and [[Namibia]], [[Ghana]], [[Ethiopia|Ethiopi]]a and ministerial delegates from [[Mali]], [[Mauritania]], [[Tunisia]], and [[Ivory Coast]].<ref>{{Cite web|last=Gazette|first=The African|date=2020-12-08|title=Summit sees trade potential between Africa, India|url=https://www.theafricangazette.com/business/summit-sees-trade-potential-between-af/|access-date=2020-12-12|website=The African Gazette|language=en-US}}</ref><ref>{{Cite web|last=Contributor|date=2020-12-04|title=Virtual Summit Sees Potential To Increase Trade Between India and Africa|url=https://www.techfinancials.co.za/2020/12/04/virtual-summit-sees-potential-to-increase-trade-between-india-and-africa/|access-date=2020-12-12|website=TechFinancials|language=en-ZA}}</ref><ref>{{Cite web|title=Opening of India Africa Trade Council in India|url=https://in.news.yahoo.com/opening-india-africa-trade-council-045936522.html|access-date=2021-01-30|website=in.news.yahoo.com|language=en-IN}}</ref><ref>{{Cite news|others=Special Correspondent|date=2021-01-22|title=Business delegation from south India to tour Africa|language=en-IN|work=The Hindu|url=https://www.thehindu.com/news/cities/chennai/business-team-from-south-india-to-tour-africa/article33630521.ece|access-date=2021-01-30|issn=0971-751X}}</ref><ref>{{Cite web|title=भारत में इंडिया अफ्रीका ट्रेड काउंसिल की शुरुआत|url=https://www.patrika.com/chennai-news/opening-ofindia-africa-trade-council-in-india-6644285/|access-date=2021-01-30|website=Patrika News|language=hindi}}</ref>


==References==
==References==
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==External links==
==External links==
* {{official|http://www.ieto.in}}
* {{official website|http://www.ieto.in}}


{{DEFAULTSORT:Indian Economic Trade Organization}}
{{DEFAULTSORT:Indian Economic Trade Organization}}
[[Category:2013 establishments in India]]
[[Category:2013 establishments in Karnataka]]
[[Category:Trade associations based in India]]
[[Category:Trade associations based in India]]
[[Category:Chambers of commerce in India]]
[[Category:Chambers of commerce in India]]
[[Category:Ministry of Micro, Small and Medium Enterprises]]
[[Category:Ministry of Micro, Small and Medium Enterprises]]
[[Category:Non-profit organisations based in India]]
[[Category:Non-profit organisations based in India]]
[[Category:Organisations based in Bangalore]]
[[Category:Organisations based in Bengaluru]]
[[Category:Organizations established in 2013]]
[[Category:Organizations established in 2013]]

Latest revision as of 23:55, 29 November 2024

Indian Economic Trade Organization
Founded2013; 11 years ago (2013)
FounderDr. Asif Iqbal
S. Krishnakumar
TypeNon-governmental trade association
PurposePolicy advocacy
HeadquartersBangalore, India
Key people
S. Krishnakumar (Chairman)
Asif Iqbal (President)
Websitewww.ieto.in

Indian Economic Trade Organization (IETO) is an Indian non-governmental trade association and advocacy group.[1][2][3][4] It supports the countries to bolster industry support for stronger participation in the multilateral trade negotiations process.[5][6][7][8]

Background and history

[edit]

The Indian Economic Trade Organization was founded in 2013 by the former Minister of State for Defense and Agriculture, S. Krishnakumar IAS and Dr. Asif Iqbal, who was the executive director of the Asian Arab Chamber of Commerce.[9][10][11]

IETO provides consultation services to the foreign companies that seeking local partners, collaborations for service distribution networks, events and conferences.[12] IETO also receives funds for operations from its members within India. It organizes Asian Arab Awards every year with various partners like the Bahrain Businesswomens Society.[13][14][15] The nominees and achievers are selected by an international jury that has offices in GCC Countries and in the 21 other countries of the continent.[16][17]

The Indian Economic Trade Organization also conducts green iftar every year to bring in inclusiveness in the society on the World Environment Day, which dishes are substituted with vegetarian food made from organic vegetables.[18][19] In 2016, it collaborated with the Consulate General of Israel to invite Muslim community for Iftar dinner with the Chief Imam of India. IETO took the Delegation of Karnataka Chief Minister HD Kumaraswamy to provide support for agriculture, security, innovation and start-ups.[20][21] It has also worked in for strengthening Bosnia India Relations by starting economic and trade activities in Bosnia with the help of local participation. Later IETO has also opened for collaborations in Kosovo for the economic and trade betterment.

The president welcomed the Indian delegation's visit to Armenia and their intention to develop cooperation. The delegation was headed by Dr. Asif Iqbal and consisted of Bharat Lal Meena, Chairman of the BEST Innovation University and Ashok Alur, the Vice Chancellor of the BEST University.[22] IETO launched the Djibouti Trade forum in Hyderabad in the presence of the Ambassador of Djibouti in India Mr. Said Absieh Warsama and the business community in Hyderabad.[23][24] IETO formed the BBIN chamber of commerce[25] to foster trade and Commerce between the four countries Bhutan, Bangladesh, India and Nepal,[26][27] to build effective relations and to fill in gaps left by MSMEs in all four countries.[28][29][30][31] The BBIN announced the centenary celebrations of Sheikh Mujibur Rahman in India in 2020 to foster friendship between two nations.[32]

IETO organized the 2019 International Migrants Day in New Delhi, attended by Wael Battrekhi, minister counsellor for Palestine's embassy in India.[33][34][35] IETO organised the India Africa Economic Forum in association with the India Africa Trade Council with 23 countries[36][37][38][39] and Ambassadors of Zimbabwe, Malawi, Zambia, Gabon and Namibia, Ghana, Ethiopia and ministerial delegates from Mali, Mauritania, Tunisia, and Ivory Coast.[40][41][42][43][44]

In 2020, Dr Asif Iqbal, the president of IETO inaugurated The Indo-Baltic Trade Council.[45]

In Feb 2021, IETO opens the Asian Arab chamber of Commerce in Chennai, India, which was inaugurated by Ambassador of Kazakhstan Yerlan Alimbayev.[citation needed] In the same month India Tunisia business council was also launched.[46]

In March 2021, IETO in collaboration with the Latin America Caribbean Federation of India opened the Ecuador trade office in Bangalore which was inaugurated by Ambassador of Ecuador to India, Hector Gonzalo Cueva.[47]

IETO led the Indian official delegation to Zimbabwe in association with the Zimbabwe National Chamber of Commerce (ZNCC) and Zimbabwe Miners Federation (ZNF) . The delegation signed 19 MOU's in areas of Smart Mining, Agriculture, Tourism, Health and Films. The delegation was hosted by the Deputy Minister of Trade & Commerce Mr. Raj Modi.[48][49][50][51]

The President of the IETO Dr. Asif Iqbal was invited by the Russian Government to lead Indian delegation at the St. Petersburg International Economic Forum which was held in Saint Petersburg in June 2021. During this time Dr. Iqbal met with the Governor of Saint Petersburg Alexander Beglov, Vice President of the Saint Petersburg Chamber of Commerce Ekaterina Lebedeva and Consul General of India Deepak Miglani, IFS from the Ministry of External Affairs, Govt of India.[52][53]

On 3 August 2021, the Namibia High Commissioner in India Gabriel Sinimbo inaugurated the India Namibia Trade Forum in Chennai, along with the Director of the Ministry of External Affairs Venkatachallam Murugan and the President of the Indian Economic Trade Organization Dr. Asif Iqbal. The delegation from South India went to Namibia in March 2020 to conduct the India Namibia business forum with more than 50 Namibian companies.[54][55]

Namibia mulls direct export of diamonds and semi-precious stones to India.[56]

The IETO organized the EAC (East Africa Community) summit in New Delhi which saw participation of the High Commissioner of Rwanda in India Ms. Jacqueline Mukangira and the High Commissioner of Tanzania Baraka H. Luvanda, both members of the EAC. The chief guest was Mr. Puneet Kundal IFS, the Joint Secretary of the East and South Africa (E&SA) Division, Ministry of External Affairs, Govt of India.[citation needed]

In December 2021, The Ambassador of Sierra Leone to India Rashid Sesay was welcomed by Dr. Asif Iqbal, President of IETO and various trade initiatives were discussed including the visit of Multisectoral Indian Delegation to Sierra Leone.[citation needed]

The President of the IETO and India Africa Trade Council (IATC) Dr. Asif Iqbal and the India Pacific Trade Council organized the Launch of Papua New Guinea coffee in India with the High Commissioner of Papua New Guinea Paulias Korni OBE and the Finance Minister of Tamil Nadu Palanivel Thiaga Rajan in Chennai with the Ministry of External Affairs Head of Secretariat Mr. Venkatachalam Murugan.[57][58]

In March 2022, The trade Delegation from Telangana for Pharma and Diamond sectors was announced to Namibia by the High Commissioner of Namibia.[59][60]

In March 2022, IETO starts India Cuba Trade and Pharma Relationships in Telangana.[61][62]

In May 2022, First Lady of Zimbabwe Dr. Auxillia Mnangagwa, visited India along with 23 member delegation on behalf of the Angel of Hope Foundation, she was received by IETO president Asif Iqbal, Amararam Gurjar, Director (East and South Africa Division) Ministry of External Affairs, Govt of India and the Ambassador of Zimbabwe to India Dr. Majoni Godfrey Chipare.[63][64]

In 2022, IATC President Asif Iqbal, participated in the CHOGM2022 meeting in Kigali Rwanda and met various heads of state to discuss trade relations, these included the President of Guyana Irfan Ali, Prime Minister of Bahamas Philip Davis, Prime Minister of SAMOA Ms. Fiamē Naomi Mataʻafa, CEO of Rwanda Development Board Clare Akamanzi, Foreign Minister of Gabon Michael Moussa Adamo, Foreign Minister of Bangladesh Dr. A. K. Abdul Momen, CEO of Trade Malta Anton Buttigeig, CEO of the Botswana Investment and Trade Centre Keletsositse Olebile, Ambassador of Samoa in Belgium Francella Strickland, Chairman of EDO state Government in Nigeria Greg Obgeifun and representative of IMF in Rwanda, Gabor Pula.[65]

In September 2022, IETO Delegation visited Namibia for the Mining Expo and participated in the India Namibia Conference which also saw the appointment of Kamaldeep Gill as Agriculture Commissioner of the India Africa Trade Council.[66][67]

In 2022, The Indian delegation visited Ghana to inaugurate the office of the Central and Western Africa as Headquarter of IATC Central and West Africa.[68][69] That same year, a MOU was signed between Indian Economic Trade Organization and Lesotho[70] as well as with Gabon for business between the two respective nations.[71]

IETO is coordinating with local Indian companies on trade with Russia to Conduct Bilateral Business in Local Currencies and promote UPI system of payments. To bypass the dollar-denominated trades by creating an alternative payment ecosystem other than the global SWIFT platform.[72][73]

IETO delegation visited Jamaica and were hosted by the Indian High Commissioner Masakui Rungsung and Senator Aubyn Hill, Minister of Industry, Investment, & Commerce of Jamaica. The delegation was accompanied by Sujata Vanjamuri the Trade Commissioner of the Latin American Caribbean Trade Council.[74][75]

The India Africa Trade Council organized the IATC 2023 Awards for Excellence in the continental relationships. The recipients this year were the Vice President of Zimbabwe, Trade Minister of Malawi and Gabon, Housing Minister from Republic of Chad, Ministers from Congo and High commissioner from Eswatini and Namibia along with other Indian companies like Jindal Steel, ITC Agro, Afro Asian Rural Development Organization among others.[76]

In August 2023, The regional office of the India ASEAN trade council was inaugurated in Pune by the Maharashtra's Minister of Social Welfare, Dileep Kamble and MLA Eknath Khadse. Dr Sachin Kate was appointed as the Trade Commissioner of the India ASEAN Trade Council.[77][78] That same month IETO Signed MOU with the University of Commonwealth Caribbean in New Delhi in the presence of High Commissioner of Jamaica Jason Hall, High Commissioner of Gabon Josephine Ntyam, and High Commissioner of Seychelles Harisoa Lalatiana Accouche in New Delhi. The conference witnessed representation from The Gambia, Australia, Malaysia and Papua New Guinea.[79]

In Dec 2023, IETO Delegation met with Ambassador of India in Vietnam, Sandeep Arya and briefed him about the Signed MOU with the Vietnamese counterparts Global Genius Network in Hai Phong city. Mr. Nguyen Phu was appointed Director of Vietnam for India ASEAN Trade Council.[80]

In 2023, a delegation of IETO visited Vietnam to attend the Horasis conference in Binh Duong.[81][82] IETO delegation, lead by consul general of India in Vietnam, Madan Mohan Sethi, was also invited by the Dak Lak Province.[83]

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