External Affairs Minister S Jaishankar
Said, Latin American and Caribbean countries
India's relationship with (LAC) strengthened
Has happened. business to increase to 100 by 2027
could reach billions of dollars. Indian
from the Confederation of Indian Industry (CII)
Held 9th India-LAC Conclave
Addressing the Jaishankar said,
diversifying the supply chain,
Resource sharing, development experience
sharing and global challenges
resolve between LAC and India
There are four main pillars of business growth.
Jaishankar on diversity in supply chain
said, energy security, food security and
flexible for consumer protection and
Collaboration in building a reliable supply chain
Multiple avenues for India-LAC ties from
Will open On the other hand, sharing of resources
Taking this, he said, India is currently the world
is the fifth largest economy in
soon to become the third largest economy
moving towards Meanwhile oil in India,
demand for gas, strategic minerals, food
Will increase, the supply of which to LAC countries
Can be done from side. Whereas, Indian
Products and Services Needed by the LAC Sector
can complete.
ready to share your experiences
: To share development experiences
Taking Jaishankar said, of Global South
countries among other areas digital
infrastructure and digitization,
healthcare solutions and infrastructure
with each other in the field of development
Need to connect more deeply.
India carved a path for itself in these areas.
Whose experience with India LAC
ready to share.CII President R Dinesh
Told that in the Conclave of Venezuela
11 including Vice President Delsey Rodriguez
Senior Minister of Latin American countries and
representative
joined in.
11 of 17 countries
representatives attended
During this
Continuous
Growth, Flexible Economy, Technology
transfer, research and development, food and
Issues like energy security were discussed.
He informed that during this period Pharma, Agriculture
and bilateral in the field of many other industries
There were also agreements. Dinesh said, both
To increase trade between regions
Free trade agreement is needed.
Jaishankar spoke about India and LAC countries and the global
Climate change, global finance and multilateralism as the South
Improving institutions and tackling global challenges together
Calling for the strength of our mutual relations
“It is necessary that people-to-people relations are strong and
There was no hindrance in the movement of
■ Describing the time to come as the era of global workplace
• Jaishankar said, on the movement of people between the two regions
agreement is needed, so that skilled people can
Come and go easily.
Talking about innovative healthcare solutions, the External Affairs Minister
Said, Jan Aushadhi Kendra is such a welfare scheme of India, which
needs to be adopted in the LAC area. poorer and lower
Income group people get generic medicines at an affordable rate.
Jaishankar discussing the issue of partnership for development
Said, with the help of India, work is being done on 35 projects in LAC, out of which 21 are completed
Are done These projects are being implemented with the financial facility provided by India.
New doing all in nir all
Venezuelan Vice President Delsey arrived to attend the conclave
Rodriguez said, it is a great pleasure to come to India. we are from india
Want to deepen economic ties with.
We have had deep ties with India in the past as well.
India buys fuel from us and we from India
Medicines and chemicals. He said that the President
came here with this message from Nicolás Maduro
that India is a global power, with
Venezuela wants closer ties. with this
he said, Latin American and Caribbean
countries have deep ties with India
are in interest. Along with this, he told that with the Foreign Minister
During the bilateral meeting, political and social situations, energy,
There was a detailed discussion on health, pharma, Ayurveda, yoga, science and technology.
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