Proposal for World Trade Centre in capital

Bhubaneswar: The World Trade Centre Association has proposed to set up a World Trade Centre at Bhubaneswar for promotion of international trade and investment in the state.  The proposal was presented at a high-level meeting here in which WTC Advisor Jayant Ghate and his colleagues were present, official sources said today.

The WTC has 323 centres in 95 countries. It has nearly one million business associates that account for more than one-third of world trade, he said. The WTC aims at an effective combination of infrastructure and services to promote and develop international trade in Odisha, which has a legacy of maritime international trade, Ghate told reporters.

"The WTC provides services in the field of trade information, trade education, trade research, exhibition facilities, meeting and conventions, shopping arcades, temporary residential facilities and import and export activities," Industries Secretary T Ramachandru said. The association proposes to submit a detailed project report on the proposed WTC within two to three months, Chief Secretary B K Patnaik said. The WTC was likely to be established on the outskirts of the state capital, he added.