ORF and CMA CGM Group to host First Raisina Mediterranean Forum
Marseille [France], June 12 (ANI): The inaugural edition of Raisina Mediterranean is set to take place in Marseille on June 12 and 13. Hosted by the Observer Research Foundation (ORF) and the CMA CGM Group through its center of excellence dedicated to learning and innovation, TANGRAM, in collaboration with the Ministry of External Affairs, India, and the Ministry for Europe and Foreign Affairs, France, the event will bring together more than 250 distinguished participants from 38 countries. This high-level convening will include ministers, former heads of state and government, parliamentarians, senior officials, and leading subject matter experts, an official statement from the Observer Research Foundation noted.
As per the statement, Raisina Mediterranean is envisioned as a platform for meaningful dialogue on issues of regional and global significance. It seeks to explore how the Mediterranean's evolving ties with India and the Indo-Pacific will shape shared futures. With the support of key partners, including Airbus, ORF Middle East, and the Gates Foundation, the forum aims to chart a new course for Mediterranean cooperation, one that reflects the region's strategic centrality in the emerging global order.
Over two days, participants will engage in conversations on critical issues including regional and inter-regional partnerships in trade, connectivity, maritime cooperation, energy, defence technology, blue growth, and innovation. The goal is to build the foundations of a resilient and interconnected Mediterranean community that can influence global conversations around governance, sustainability, and prosperity.
A key highlight of the forum is the Deep Tech Network at Raisina Mediterranean--a closed-door roundtable connecting deep tech founders, investors, and global partners to tackle urgent challenges such as AI safety, drone defence, climate resilience, and biosecurity. The session will explore solutions across secure infrastructure, sovereign capabilities, and dual-use innovation, creating space to share insights, propose new alliances, and identify immediate opportunities for cross-sector collaboration.
The forum will also feature a series of studio sessions, offering deeper insights into niche but consequential themes. These will explore India-Europe defence technology cooperation, the role of the Mediterranean in larger Indo-Pacific connectivity and infrastructure ambitions, the future of maritime trade and investment, evolving trade relationships, and the need for a more equitable dialogue between Africa and the West.
Welcomed by Rodolphe Saade, Chairman and CEO of the CMA CGM Group, and Samir Saran, President, Observer Research Foundation, India, several distinguished leaders from across the region and beyond will take part in this landmark gathering. Among them are S. Jaishankar, Minister of External Affairs, India; Jean-Noel Barrot, Minister for Europe and Foreign Affairs, France; Ararat Mirzoyan, Minister of Foreign Affairs, Republic of Armenia; Michael Falzon, Minister for Social Policy and
Children's Rights, Malta; Giorgos Papanastasiou, Minister of Energy, Commerce and Industry, Cyprus; Athanasios Ntokos, National Security Advisor, Greece; Edoardo Rixi, Deputy Minister of Infrastructure and Transport, Italy; Stefanos Gkikas, Deputy Minister for Shipping and Insular Policy, Greece; and Davit Karapetyan, Secretary-General of the Ministry of Foreign Affairs, Armenia.
Other prominent figures participating in the discussions include Marcos Perestrello de Vasconcellos, Member of Parliament, Portugal; Fernando Gutierrez, Member of Parliament, Spain; Natalia Pouzyreff, Member of Parliament, France; Anurag Thakur, Member of Parliament, Lok Sabha, and former Minister for Information and Broadcasting, India; Priyanka Chaturvedi, Member of Parliament, India; Manish Tewari, Member of Parliament, Lok Sabha, India; Sanjeev Sanyal, Member of the Economic Advisory Council to the Prime Minister of India; Francesco M. Talo, Special Envoy for IMEC, Italy; and Gerard Mestrallet, Special Envoy of the French President for IMEC.
From the industry and diplomatic sectors, the gathering will also hear from Tanya Saade Zeenny, Executive Officer of the CMA CGM Group and President of the CMA CGM Foundation; Tristan Aureau, Head of the Policy Planning Department at the French Ministry for Europe and Foreign Affairs; and Sanjeev Singla, Ambassador of India to France and Monaco.
Taking place for the first time in this part of the world, Raisina Mediterranean extends the legacy of the Raisina Dialogue--India's flagship platform on geopolitics and geoeconomics, organised annually by the Observer Research Foundation in partnership with the Ministry of External Affairs, Government of India.
Over the years, Raisina has successfully travelled to cities including Sydney, Washington, Berlin, Tokyo, Abu Dhabi, and Canberra, engaging global thought leaders in meaningful exchange.
As per the statement, certain open-door sessions at the Raisina Mediterranean will be streamed live on the official Raisina Dialogue X handle (@raisinadialogue) and the Observer Research Foundation YouTube channel.
The Observer Research Foundation (ORF) is a leading Indian think tank with global outreach through its offices in Washington DC and Dubai. ORF provides non-partisan, research-based analysis to policymakers, businesses, and civil society, and plays a vital role in shaping global conversations on key issues.
The CMA CGM Group is a global player in sea, land, air and logistics solutions, true to its corporate purpose, 'We imagine better ways to serve a world in motion.' The world's 3rd largest shipping company, CMA CGM, serves more than 420 ports across 5 continents with a fleet of over 650 vessels. In 2024, CMA CGM carried over 23 million TEU (twenty-foot equivalent unit) containers.
The CMA CGM Foundation provides humanitarian aid in crises and is committed to education for all and equal opportunities throughout the world. To date, the CMA CGM Foundation has transported 63,000 tons of humanitarian aid to 97 countries and supported over 550 educational projects. (ANI)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
27 minutes ago
- Time of India
Hang seng slides as US-Iran conflict weighs on Asian markets; brent crude spikes 5%, OPEC warns of supply risk
(Image credits: ANI) Brent Crude prices spiked as much as 5% on Monday following the US airstrikes on Iran's key nuclear facilities on Sunday. The move ended days of speculation over whether the US President Donald Trump would join Israel in its confrontation with Iran. While prices surged initially, they soon pared gains. The attacks on Fordow, Natanz and Isfahan had led to expectations of a sustained oil rally. Iran is the third-largest producer in the OPEC+ bloc and accounts for around a third of global oil output. Last week, Brent Crude futures rose 11%, touching $80 per barrel before retreating. Prices rebounded again as Trump kept markets guessing on the US's involvement, but hopes of a ceasefire and ample supply from OPEC+ capped further gains. Analysts noted that demand remains weak, giving little reason for oil to hold elevated levels. OPEC+ is scheduled to meet on July 5 to discuss another output hike for August, after already increasing supplies by 4.11 million barrels per day in June and July. Saul Kavonic, an energy analyst at MST Marquee, said, 'Much depends on how Iran responds in the coming hours and days, but this could set us on a path toward $100 oil, if Iran responds as they have previously threatened to,' Iran claims it reserves the right to respond to the US attacks. Local media reports its parliament has approved the closure of the Strait of Hormuz, though the final call rests with its National Security Council. The US has urged China to discourage Iran from taking that step. T he Strait of Hormuz is a critical oil chokepoint, more than 20 million barrels per day, or 20% of the world's oil supply, passed through it last year, according to the US Energy Information Administration. Goldman Sachs has warned that a closure of the strait could push oil prices above $100 per barrel. However, JPMorgan views the possibility as low, saying such a move could be seen by the US as an "act of war." Rising crude prices could hurt India's economy, particularly oil marketing companies like HPCL, BPCL, and Indian Oil, along with industries like aviation, paints, and tyres that rely heavily on oil. Goldman Sachs' Santanu Sengupta told CNBC-TV18 that a rise in crude to $75 per barrel would hurt India's macroeconomic stability. A $10-per-barrel increase could raise the cost burden by 30–40 basis points. Samiran Chakraborty, chief India economist at Citi, also noted that supply chain disruptions could raise inflation risks, but said India may still be able to manage slightly higher prices due to its limited exposure to Iranian oil. US officials said no further strikes are planned for now, but warned that any retaliation from Iran would invite an even more forceful response. 'This is the big one,' said John Kilduff of Again Capital, pointing to a possible $8-a-barrel risk premium. 'The market default on this development is higher. How high depends on Iran's response, or the realistic prospects of a meaningful response, which may not be there.' Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
an hour ago
- Time of India
Granules India shares in focus after US FDA flags observation at Telangana API facility
Live Events Granules India share price target (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shares of Granules India will be in focus on Monday after the company announced that its active pharmaceutical ingredient (API) facility in Telangana has received an observation from the US Food and Drug Administration (FDA) under Form a stock exchange filing, Granules India said the FDA completed an inspection at its API Unit-1 facility in Bonthapally, Sangareddy district, last to the FDA, Form 483 observations are issued when investigators observe practices or conditions that may potentially violate the Food, Drug and Cosmetic Act. However, a Form 483 does not constitute a final determination of non-compliance by the India said it will respond to the observation within the stipulated Bonthapally site is Granules India's largest API manufacturing facility for paracetamol. It also houses production units for Metformin and Guaifenesin APIs, the company to Trendlyne, the average analyst target price for Granules India is Rs 622, indicating an upside potential of about 28% from current levels. Of the 8 analysts tracking the stock, the consensus rating is 'Strong Buy'.On the technical front, the Relative Strength Index (RSI) stands at 40.4, suggesting neutral to slightly bearish momentum. The stock continues to trade below its 20-day, 50-day, 100-day, and 200-day simple moving averages (SMAs), indicating continued India shares have declined around 19% year-to-date, but the stock has delivered a 66% return over the past two years. The company's market capitalisation currently stands at approximately Rs 11,808 crore.: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of Economic Times)
Mint
3 hours ago
- Mint
‘Difficult to speculate...': What Hardeep Singh Puri said on oil prices, supply amid Hormuz Strait closure tensions
Written By Riya R Alex Published 23 Jun 2025, 07:51 AM IST Union Minister Puri assures oil supply stability amid Israel-Iran tensions. (Bloomberg) Union Minister Hardeep Singh Puri told ANI, "...It's very difficult to speculate on the price factor. The oil price for a long time was between 65 and 70. Then it was between 70 and the markets open on Monday, the consequences of the closure of the Strait of Hormuz will be factored in. But as I've been saying for a long time, enough oil is available in the global markets. More and more oil is coming on the global markets, particularly from the Western Hemisphere. Even traditional suppliers would be interested in keeping the supplies because they also need revenue. So hopefully the market will factor that in. The Modi government has, over the past several years, not only ensured the stability of supplies but also affordability. We will take all necessary measures to ensure that."
