Published: Ср, Ноября 29, 2017
World | By Tasha Manning

Economies and societies thrive when women are empowered: Ivanka Trump

Economies and societies thrive when women are empowered: Ivanka Trump

"We must ensure women entrepreneurs have access to capital, access to networks and mentors", Ivanka said to loud cheers from a packed audience in a heavily-guarded conference centre.

"Despite the soaring rate of female entrepreneurs, women still face steep obstacles to starting, owning, and growing their businesses", she said.

US President Donald Trump's daughter and senior adviser to the White House Ivanka Trump on Tuesday praised Prime Minister Narendra Modi for bringing in transformation change in the country and recognised his efforts in building India into a thriving economy and a beacon of democracy to the world.

The gathering, co-hosted by the US and India, comes as the two countries appear to be working to strengthen ties.

"This is the first time India has hosted the Global Entrepreneurship Summit".

The theme of the conference this year is "Women First, Prosperity for All".

President Donald Trump and Ivanka Trump walk on the South Lawn of the White House in Washington, D.C., before their departure to Milwaukee, June 13.

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Modi stressed the importance of women in Indian economics and culture and noted that the Indian Constitution guarantees one-third representation to women in local government.

"I am proud that for the first time ever, women make up the majority of the 1,500 entrepreneurs selected to attend", she said. "The US Small Business Administration, for example, increased its lending to women by over 500 million dollars this year alone", she emphasised.

Even more promising, minority women have started almost 8 in 10 new women-owned businesses. The former entrepreneur said when women work, it creates a unique multiplier effect.

"As we kick off this three-day Summit, I encourage everyone here today to come together, to learn from each other, and to find new ways to lift the barriers in our societies so that women are free to innovate, empowered to succeed, and able to leave our children a brighter future".

"Just consider, if India closes the labour-force gender gap by half, your economy could grow by over $150 billion in the next three years", she said.

The inaguration of the entrepreneurship summit will see Prime Minister Narendra Modi, Telangana Chief Minister K Chandrasekhar Rao and Ivanka addressing the grand event.

But she was a good soldier in India.

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