PM Narendra Modi will begin his foreign tour from Sweden on Monday, where besides holding bilateral meetings with his Swedish counterpart Stefan Lofven, he will co-host the India-Nordic Summit in Stockholm.
This year's CHOGM will be held under the theme "Towards a common future".
As world leaders assemble in London this week for the Commonwealth's biannual heads of government meeting, the peer argued that the group of 53 nations was "only going to survive" if such initiatives were forged. Yet risks remain. Global growth is fragile.
He will also address the Commonwealth Business forum.
Forty business leaders from India have joined a CII delegation to the forum, looking at opportunities for collaboration in digital technologies, food security, agriculture, skills and other areas - and opportunities for trilateral cooperation between India, the United Kingdom and Africa.
"Therefore, business must redefine and lay the foundation for the new evolving architecture of the Commonwealth this presents a great opportunity for Indian business to lead the narrative, whether it is in trade facilitation, seamless movement of professionals and visitors, skills to support new-age employability, sustainability or small business".
Abbasi will participate actively in all executive and retreat sessions as well as a number of events being held on the CHOGM's sidelines.
A chauffeur-driven limousine has been arranged for his travel and a bilateral meeting with his United Kingdom counterpart Theresa May.
"It will empower developing countries to have a stronger voice in the worldwide standards community something that has benefits on a global scale", she said. It is hoped that the new focus on trade and investment will help raise intra-Commonwealth trade from around $525 billion in 2015 to $700 billion by 2020.