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{{Orphan|date=October 2019}}
{{Infobox organization
| name = Indian Economic Trade Organization
| logo =
| type = [[Non-governmental organization|Non-governmental]] [[trade association]]
| purpose = [[Policy advocacy]]
| founded = {{start date and age|2013}}
| founder = Dr. Asif Iqbal<br>S. Krishnakumar
| headquarters = [[Bangalore, India]]
| key_people = S. Krishnakumar (Chairman)<br>Asif Iqbal (President)
| website = {{URL|http://www.ieto.in}}
}}

'''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>

==Background==
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>

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>

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.

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>

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>

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]].<ref>{{Cite web|date=2021-02-27|title=IETO opens the Asian Arab chamber of Commerce in Chennai, India|url=https://www.deccanchronicle.com/in-focus/270221/ieto-opens-the-asian-arab-chamber-of-commerce-in-chennai-india.html|access-date=2021-03-25|website=Deccan Chronicle|language=en}}</ref> 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|date=2021-03-11|title=Inauguration of the Ecuador Trade Office in Bengaluru|url=https://www.hindustantimes.com/brand-post/inauguration-of-the-ecuador-trade-office-in-bengaluru-101615463472477.html|access-date=2021-03-25|website=Hindustan Times|language=en}}</ref><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|last=Herald|first=The|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|last=News|first=The Sunday|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|last=Newsday|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/|url-status=live}}</ref><ref>{{Cite web|last=Release|first=ANI Press|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>

==References==
{{Reflist}}

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

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

Indian Economic Trade Organization - Revision history

Delinker at 15:05, 25 July 2023