HT Bureau
GUWAHATI, March 5: The first ‘SCO B2B Conference and Expo on Traditional Medicine’ came to a successful end as it created a platform for buyers and sellers from different countries to explore trade potential to serve the needs of the people.
An incremental trade interest of over Rs 590 crore was generated during the two days of intense meetings among the buyers and sellers at the conference.
This first-of-its-kind conference & expo under the SCO initiative was inaugurated by the Union minister of ports, shipping & waterways and Ayush, Sarbananda Sonowal on March 2, 2023 at the Radisson Blu hotel in Guwahati.
More than 150 delegates from 17 countries attended the two-day conference and four-day expo, which ended here on Sunday.
Speaking on occasion, Union minister Sonowal said, “It is a moment of great realisation that this wonderful initiative has borne fruit with trade interest of more than Rs 590 crore generated during the event.”
“This is a huge shot in the arm for the Indian Ayush market as this event provided the platform to further the trade potential among the SCO member states for improving the quality of lives of people,” he added.
Under the aegis of the Ministry of Ayush, Invest India conducted B2B meetings in a dedicated B2B lounge at the event with the support of Ayushexcil (Ayush Export Promotion Council).
More than 56 exhibitors – who participated in the Expo – and buyers from 19 countries discussed and expressed their interest in trade in traditional medicine.
Over 75 meetings took place on Day 2 of the event, where participants from India, Tajikistan, Armenia, Uzbekistan, Mongolia, Kazakhstan, Bahrain & Sri Lanka engaged.
Speaking about the scope of the trade from Assam & Northeast India, the Ayush minister said, “With the successful end of this first of its kind SCO Conference on traditional medicine, we have a unique opportunity in our hands to step up and deliver to the huge market access that the Expo has created.”
