FICCI : Industry's Voice for Policy Change

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Orissa Diary | Mar 07, 2021

FICCI organizes ‘GLOBIZ- Connecting Business Globally’ (21 Feb – 3 Mar) to support Indian exporters & manufacturers

Federation of Indian Chambers of Commerce & Industry (FICCI), organized ‘GLOBIZ-Connecting Business Globally’ from 21st Feb to 3rd March, with a vision to support Indian exporters and manufacturers from textiles, home furnishing, healthcare, pharmaceutical and other key sectors to globally reach out to new markets.

The virtual series of multi sector events focused on countries like Africa, Eurasia, ASEAN, Arabia and Pacific alliance regions. The objective was to provide a user friendly, technologically driven platform to Indian exporters and manufactures, ensuring quality interactions with buyers and offering real-time experience of the exhibition. This largest multi-sector event was supported by Ministry of Commerce & Industry and Ministry of External Affairs, Govt of India.

The 9-day virtual exhibition saw participation from over 250+ Indian companies from different prominent sectors and over 1500+ buyers from Eurasia, Pacific alliance Philippines, Vietnam, Arabia, Africa and many other countries with total 6000+ registered visitors.

Key highlights of the sessions:

India- ASEAN Healthcare Expo: The 3-days exhibition 22-24 Feb’ kickstarted with the inaugural session ‘India – ASEAN Healthcare Expo’ followed by panel discussion on ‘The New Era of Partnership in Healthcare: Telemedicine, Health Techs, Medical Devices, Pharmaceuticals and affordable healthcare services” on 22nd February 2021.

Mr Anant Swarup, Joint Secretary, FT (ASEAN), Department of Commerce, Ministry of Commerce & Industry, Government of India inaugurated the exhibition and shared that ASEAN is the central pillar of India’s Act East Policy and lot of collaboration opportunities exist between India and ASEAN. He also emphasised that India is looking to collaborate with ASEAN under Project Development Fund and is currently working on development of Multi-speciality hospitals in Cambodia and Myanmar.

Namaskar Arabia: Addressing the inaugural edition of Namaskar Arabia on 23rd Feb, the MEA Secretary said that both India and the Arab region are engaged in improvements and transformational changes in the economy, and the goodwill between the people provides great potential to take the economic engagement to a higher level.

Amb Bhattacharya said, “We are currently engaged in an era of transformation on both sides that helps us engage more deeply with each other. From a buyer-seller relationship we have developed a long-term strategic relationship, not only in oil and gas, but also in upstream and downstream investments.”

2nd Edition of Namaskar Eurasia Expo (Focus Uzbekistan)

Mr Manish Prabhat, Ambassador of India to Uzbekistan during the inaugural ceremony of ‘Namaskar Eurasia Expo’ on 24th Feb said that air corridors would play a critical role in deepening economic relations between India and Central Asian economies. FICCI has been instrumental in promoting a dialogue between key stakeholders and stands to play a pivotal role in actuating the corridors in the times to come.”

Namaskar Pacific Alliance

Mr Suresh Kumar, Joint Secretary- LAC, Ministry of Commerce, Govt of India during the inaugural ceremony on 1st March said, “India’s trade with the Pacific Alliance group has the potential to touch USD 30 billion in short span of time. He highlighted that the bilateral discussions and trade negotiations with Mexico and Colombia could lead to similar trade agreements that India has with Chile.”

Namaskar Africa

Mr Rahul Chhabra, Secretary-Economic Relations, Ministry of External Affairs, Govt of India during the inaugural ceremony of Namaskar Africa on 1st March said that the CFTA signals a great opportunity for Indian businesses for partnering with African counterparts to deepen their integration and accelerate their development.

“We do not have a donor-recipient relationship with Africa but consider our partner countries as development partners,” he said. “Out of 54 African countries we have Indian projects operating in 48 African countries with 75 projects worth USD 13 billion. This is the size of our commitment to the African Continent,” said the Secretary.

“We want to be forward-looking and forward-thinking to see how the partner countries can benefit from our collaborations,” said the MEA Secretary.

Dr Srikar Reddy, Joint Secretary, FT-AFRICA, Department of Commerce, Govt of India said, Africa looks at India as an opportunity for trade and investment, collaborations in new emerging technologies, especially in ICT, Consultancy, fin-tech, logistics, EdTech, health tech, and others. He also mentioned that the recovery of the global economy will largely depend on the effectiveness of vaccination efforts. Dr Reddy stated that India and Africa are connected by a historical association that has blossomed into a multifaced partnership with an emphasis on economic cooperation and human resource development. He further added that Prime Minister Narendra Modi has made Africa a priority for India’s foreign and economic policy.

HE Dr Daniel Peter Othol, The Dean of the African Group of Heads of Missions in India & Ambassador of South Sudan said the relationship between India and Africa must be augmented to the level that will benefit Africa.

“We want India to mechanize the African agriculture, to build our social and physical infrastructure and the health and educational needs especially during the era of COVID-19. He further stated that there is an urgent need to boost the immunity of the population of Africa, therefore Africa is looking at India for vaccines,” he said.

Daiji World | Jan 15, 2021

MEA initiates 'Diplomacy Unplugged' with FICCI, spotlights human-centric globalisation

The Ministry of External Affairs (MEA) has initiated ‘Diplomacy Unplugged, a dialogue series in collaboration with FICCI and embassies of partnering nations to promote interactions between foreign embassies and Indian business leaders.

Under the series, MEA and FICCI will virtually interact with Diplomats and High Commissioners to better understand challenges the Indian industry faces in investing abroad and also address problems that foreign companies might face in India.

MEA spokesperson Anurag Srivastava tweeted: "Secretary (ER) gave the keynote address during the launch of ‘Diplomacy Unplugged' series today. This is an initiative by FICCI for interactions between Heads of Missions in New Delhi and select group of Indian business leaders."

Speaking at the first of the series on Wednesday, Rahul Chhabra, Secretary (Economic Relations), MEA, said the ministry has been working on development partnerships with various countries and is continuing its "human-centric globalisation and welfare program" with partnering countries.

"We have been trying to finalise migration and mobility agreements. This pandemic threw up the issue of global shortage of trained manpower in various sectors that the MEA has taken note of.

"We have also started getting the states involved in our outreach in terms of promoting exports and incoming foreign business delegation," he added.

The MEA has enhanced the trade promotion budget along with promoting study in India in various countries.

"The MEA has been providing funding for trade fairs and exhibitions and for a number of targeted initiatives to Indian missions across regions," Chhabra said, adding that India has committed lines of credit of $6.5 billion, $700 million of grants and over 50,000 scholarships to African students.

Italian ambassador to India, Vincenzo de Luca, highlighted that despite the coronavirus pandemic, the two nations are entering a new phase of relations after the successful virtual bilateral summit between the two Prime Ministers on November 5, 2020.

He added: "We were able to finalise a number of agreements not only on government to government, but also with the private sector. This only goes on to show how the two countries want to transform their partnership to ideally benefit from their economic, innovations and technological complementarity. The two countries also share a global agenda."

The Italian ambassador said that a new five-year plan of action has been decided to deepen cooperation in the domain of culture, innovation and technology with the Indian government. Despite the pandemic, bilateral trade has increased by 22 per cent.

Referring to a world halted by the coronavirus, FICCI President, Uday Shankar said: "The role of economic diplomacy assumes ever-increasing importance in the current scenario."

Highlighting economic and diplomatic opportunities between India and Italy, he added that Italy has taken over the presidency of the G20 this year while India will do so in 2023, providing both nations to enhance their relationship.

The Rahnuma Daily | Jan 15, 2021

MEA initiates 'Diplomacy Unplugged' with FICCI, spotlights human-centric globalisation

MEA spokesperson Anurag Srivastava tweeted: “Secretary (ER) gave the keynote address during the launch of ‘Diplomacy Unplugged’ series today. This is an initiative by FICCI for interactions between Heads of Missions in New Delhi and select group of Indian business leaders.”

Speaking at the first of the series on Wednesday, Rahul Chhabra, Secretary (Economic Relations), MEA, said the ministry has been working on development partnerships with various countries and is continuing its “human-centric globalisation and welfare program” with partnering countries.

“We have been trying to finalise migration and mobility agreements. This pandemic threw up the issue of global shortage of trained manpower in various sectors that the MEA has taken note of.

“We have also started getting the states involved in our outreach in terms of promoting exports and incoming foreign business delegation,” he added.

The MEA has enhanced the trade promotion budget along with promoting study in India in various countries.

“The MEA has been providing funding for trade fairs and exhibitions and for a number of targeted initiatives to Indian missions across regions,” Chhabra said, adding that India has committed lines of credit of $6.5 billion, $700 million of grants and over 50,000 scholarships to African students.

He added: “We were able to finalise a number of agreements not only on government to government, but also with the private sector. This only goes on to show how the two countries want to transform their partnership to ideally benefit from their economic, innovations and technological complementarity. The two countries also share a global agenda.”

Referring to a world halted by the coronavirus, FICCI President, Uday Shankar said: “The role of economic diplomacy assumes ever-increasing importance in the current scenario.”

Media Brief | Jan 14, 2021

Informal and unofficial engagements will strengthen partnership with nations: Uday Shankar at FICCI's Diplomacy Unplugged

Rahul Chhabra, Secretary (Economic Relations), Ministry of External Affairs, Govt of India, said that after the India- Africa summit, the MEA had committed lines of credit of USD 6.5 billion, USD 700 million of grants and over 50,000 scholarships to African students that have already been given out.

Speaking at the curtain raiser of Diplomacy Unplugged, a dialogue series between India and partnering nations initiated by FICCI, Chhabra said that the Ministry of External Affairs (MEA) has been working on development partnerships with various countries and has started various initiatives as well as was continuing its human-centric globalisation and welfare program with partnering countries.

Rahul Chhabra, Secretary (Economic Relations), Ministry of External Affairs, Govt of India, said, “We have been trying to finalise migration and mobility agreements with partnering countries. This pandemic threw up the issue of global shortage of trained manpower in various sectors that the MEA has taken note of.”

“We have also started getting the states involved in our outreach in terms of promoting exports and incoming foreign business delegation. Not just in terms of cooperative federalism, we are also looking at competitive federalism.”

Vincenzo de Luca, Ambassador of Italy to India, said that we are entering a new phase of relations between Italy and India after the successful virtual bilateral summit between the Prime Ministers of the two countries on November 5, 2020.

Ambassador de Luca, said, “We were able to finalise a number of agreements not only on G2G, but also with the private sector. This only goes on to show how the two countries want to transform their partnership to ideally benefit from their economic, innovations and technological complementarity. The two countries also share a global agenda.”

“This was also the first time that a new five-year plan of action had been decided to deepen cooperation in the domain of culture, innovation and technology with the Indian government. The comprehensive partnership between India and Italy helps the companies to be more confident about investment in the two countries,” de Luca added.

We are experiencing a momentum for a very important breakthrough relationship between both the countries after a period of less intense dialogue. Over the last three years we have increased the bilateral trade by 22 per cent. This is a remarkable progress, Ambassador Luca underlined.

Uday Shankar, President, FICCI, said, “The whole world is trying to emerge economically, socially, and psychologically from the over-arching impact of pandemic, it is important that we engage formally and informally. The role of economic diplomacy assumes ever increasing importance in the current scenario.”

“Formal engagements and interactions lead to desired outcomes only when they are strengthened by a comprehensive and continuous, informal and unofficial engagement so that there is a better understanding and a greater confidence building and mutual appreciation.”

“This is a huge opportunity for both India and Italy, not only at diplomatic but also at B2B levels to enhance and take our relationship to greater heights,” Shankar added.

Devin Narang, Senior FICCI Executive Committee Member, Convenor of Diplomacy Unplugged initiative & Country Head – India, Sindicatum Renewable Energy Company, said that Diplomacy Unplugged was a member-driven dialogue series, where we would virtually meet the Diplomats and High Commissioners of India’s key economic partners so that the Indian industry could explain the issues they face both in investments overseas and to also address problems that companies from foreign countries might face in India. This is a common platform that is aimed at increasing investments in India and its partnering countries.

Dilip Chenoy, Secretary General, FICCI, while delivering the vote of thanks said that FICCI believes in partnership efforts and looks forward to hosting the dialogue series with other nations in the days to come.

The curtain raiser was followed by the first meeting of the Diplomacy Unplugged initiative between HE Mr Vincenzo deLuca, Ambassador of Italy to India and select representatives of Indian companies doing business and or invested in Italy.

Orissa Diary | Jan 14, 2021

Government working on development partnerships with nations: Secretary (ER), MEA

Mr Rahul Chhabra, Secretary (Economic Relations), Ministry of External Affairs, Govt of India today said that after the India – Africa summit, the MEA had committed lines of credit of USD 6.5 billion, USD 700 million of grants and over 50,000 scholarships to African students that have already been given out.

Speaking at the curtain raiser of Diplomacy Unplugged, a dialogue series between India and partnering nations initiated by FICCI, Mr Chhabra said that the Ministry of External Affairs (MEA) has been working on development partnerships with various countries and has started various initiatives as well as was continuing its human-centric globalisation and welfare program with partnering countries.

“We have been trying to finalise migration and mobility agreements with partnering countries. This pandemic threw up the issue of global shortage of trained manpower in various sectors that the MEA has taken note of,” said Mr Chhabra. “We have also started getting the states involved in our outreach in terms of promoting exports and incoming foreign business delegation. Not just in terms of cooperative federalism, we are also looking at competitive federalism,” he further added.

HE Mr Vincenzo de Luca, Ambassador of Italy to India said that we are entering a new phase of relations between Italy and India after the successful virtual bilateral summit between the Prime Ministers of the two countries on November 5, 2020.

“We were able to finalise a number of agreements not only on G2G, but also with the private sector. This only goes on to show how the two countries want to transform their partnership to ideally benefit from their economic, innovations and technological complementarity. The two countries also share a global agenda,” Ambassador de Luca added.

Further on the existing relations between both the countries, Ambassador de Luca said that the two countries signed many important agreements during the pandemic. “This was also the first time that a new five-year plan of action had been decided to deepen cooperation in the domain of culture, innovation and technology with the Indian government. The comprehensive partnership between India and Italy helps the companies to be more confident about investment in the two countries,” he added.

Mr Uday Shankar, President, FICCI said, “The whole world is trying to emerge economically, socially, and psychologically from the over-arching impact of pandemic, it is important that we engage formally and informally. The role of economic diplomacy assumes ever increasing importance in the current scenario.”

"Formal engagements and interactions lead to desired outcomes only when they are strengthened by a comprehensive and continuous, informal and unofficial engagement so that there is a better understanding and a greater confidence building and mutual appreciation," Mr Shankar emphasized.

Further, Mr Shankar noted that Italy has taken over the presidency of the G-20 this year and India is poised for the same in 2023. “This is a huge opportunity for both India and Italy, not only at diplomatic but also at B2B levels to enhance and take our relationship to greater heights,” added Mr Shankar.

Elaborating on the series, Mr Devin Narang, Senior FICCI Executive Committee Member, Convenor of Diplomacy Unplugged initiative & Country Head ? India, Sindicatum Renewable Energy Company said that Diplomacy Unplugged was a member-driven dialogue series, where we would virtually meet the Diplomats and High Commissioners of India’s key economic partners so that the Indian industry could explain the issues they face both in investments overseas and to also address problems that companies from foreign countries might face in India. “This is a common platform that is aimed at increasing investments in India and its partnering countries,” he said.

Mr Dilip Chenoy, Secretary General, FICCI, while delivering the vote of thanks said that FICCI believes in partnership efforts and looks forward to hosting the dialogue series with other nations in the days to come.

India Narrative | Jan 14, 2021

MEA initiates 'Diplomacy Unplugged' with FICCI, spotlights human-centric globalisation

The Ministry of External Affairs (MEA) has initiated ‘Diplomacy Unplugged’ – a dialogue series in collaboration with FICCI and embassies of partnering nations to promote interactions between foreign embassies and Indian business leaders.

Speaking at the first of the series on Wednesday, Rahul Chhabra, Secretary (Economic Relations), MEA, said the ministry has been working on development partnerships with various countries and is continuing its “human-centric globalisation and welfare program” with partnering countries.

Chhabra said: “We have been trying to finalise migration and mobility agreements. This pandemic threw up the issue of global shortage of trained manpower in various sectors that the MEA has taken note of. “We have also started getting the states involved in our outreach in terms of promoting exports and incoming foreign business delegation,” he added.

The MEA has enhanced the trade promotion budget along with promoting study in India in various countries. “The MEA has been providing funding for trade fairs and exhibitions and for a number of targeted initiatives to Indian missions across regions,” Chhabra said, adding that India has committed lines of credit of $6.5 billion, $700 million of grants and over 50,000 scholarships to African students.

Italian ambassador to India, Vincenzo de Luca, highlighted that despite coronavirus, the two nations are entering a new phase of relations after the successful virtual bilateral summit between the two Prime Ministers on November 5, 2020. He added: “We were able to finalise a number of agreements not only on government to government, but also with the private sector. This only goes on to show how the two countries want to transform their partnership to ideally benefit from their economic, innovations and technological complementarity. The two countries also share a global agenda.”

Referring to a world halted by the coronavirus, FICCI President, Uday Shankar said: “The role of economic diplomacy assumes ever-increasing importance in the current scenario.” Highlighting economic and diplomatic opportunities between India and Italy, he added that Italy has taken over the presidency of the G-20 this year while India will do so in 2023, providing both nations to enhance their relationship.

News Vibes of India | Jan 13, 2021

India working on development partnerships with nations: MEA Secretary

India has been working on development partnerships with various countries and has started several initiatives, besides continuing its human-centric globalisation and welfare program with partnering countries, Rahul Chhabra, Secretary (Economic Relations), Ministry of External Affairs, said today.

Speaking at the curtain raiser of Diplomacy Unplugged, a dialogue series between India and partnering nations initiated by FICCI, Chhabra said, “We have been trying to finalise migration and mobility agreements with partnering countries. This pandemic threw up the issue of global shortage of trained manpower in various sectors that the MEA has taken note of.”

MEA has enhanced the trade promotion budget along with promoting study in India in various countries. “MEA has been providing funding for trade fairs and exhibitions and for number of targeted initiatives to Indian missions across regions,” said Chhabra.

The MEA Secretary said that after the India-Africa summit, the External Affairs Ministry had committed lines of credit of USD 6.5 billion, USD 700 million of grants and over 50,000 scholarships to African students that have already been given out.

During the virtual meet, Vincenzo de Luca, Ambassador of Italy to India said that both the countries are entering a new phase of relations between after the successful virtual bilateral summit between Prime Minister Narendra Modi and Giuseppe Conte on November 5 last year.

He said that the two countries signed many important agreements during the pandemic.

President, FICCI, Uday Shankar said, “The whole world is trying to emerge economically, socially, and psychologically from the over-arching impact of pandemic, it is important that we engage formally and informally. The role of economic diplomacy assumes ever increasing importance in the current scenario.”

Shankar also noted that Italy has taken over the presidency of the G-20 this year and India is poised for the same in 2023. “This is a huge opportunity for both India and Italy, not only at diplomatic but also at B2B levels to enhance and take our relationship to greater heights.”

Furthermore, elaborating on the series, Devin Narang, senior FICCI executive committee member, said that Diplomacy Unplugged was a member-driven dialogue series, where we would virtually meet the Diplomats and High Commissioners of India’s key economic partners so that the Indian industry could explain the issues they face both in investments overseas and to also address problems that companies from foreign countries might face in India.

“This is a common platform that is aimed at increasing investments in India and its partnering countries,” he added.

SME Times | Jan 13, 2021

Govt working on development partnerships with nations: Official

Secretary (Economic Relations), Ministry of External Affairs, Rahul Chhabra, said that after the India - Africa summit, the MEA had committed lines of credit of USD 6.5 billion, USD 700 million of grants and over 50,000 scholarships to African students that have already been given out.

"We have been trying to finalise migration and mobility agreements with partnering countries. This pandemic threw up the issue of global shortage of trained manpower in various sectors that the MEA has taken note of," said Chhabra.

"We have also started getting the states involved in our outreach in terms of promoting exports and incoming foreign business delegation. Not just in terms of cooperative federalism, we are also looking at competitive federalism," he further added.

The MEA has enhanced the trade promotion budget along with promoting study in India in various countries. "The MEA has been providing funding for trade fairs and exhibitions and for number of targeted initiatives to Indian missions across regions," said Chhabra.

Vincenzo de Luca, Ambassador of Italy to India said that we are entering a new phase of relations between Italy and India after the successful virtual bilateral summit between the Prime Ministers of the two countries on November 5, 2020.

"We were able to finalise a number of agreements not only on G2G, but also with the private sector. This only goes on to show how the two countries want to transform their partnership to ideally benefit from their economic, innovations and technological complementarity. The two countries also share a global agenda," Ambassador de Luca added.

Further on the existing relations between both the countries, Ambassador de Luca said that the two countries signed many important agreements during the pandemic.

"This was also the first time that a new five-year plan of action had been decided to deepen cooperation in the domain of culture, innovation and technology with the Indian government. The comprehensive partnership between India and Italy helps the companies to be more confident about investment in the two countries," he added.

Uday Shankar, President, FICCI said, "The whole world is trying to emerge economically, socially, and psychologically from the over-arching impact of pandemic, it is important that we engage formally and informally. The role of economic diplomacy assumes ever increasing importance in the current scenario."

India Vs Disinformation | Jan 13, 2021

India to continue with human-centric globalisation programme: MEA Secretary

Post India-Africa summit, India committed lines of credit of US$6.5 billion, US$ 700 million of grants and over 50,000 scholarships to African students, Ministry of External Affairs Secretary(ER) Rahul Chhabra said on Wednesday.

India aims to continue its human-centric globalisation and welfare program with partnering countries, said the MEA while speaking at the curtain raiser of Diplomacy Unplugged, a dialogue series between India and partnering nations initiated by FICCI.

Speaking at the FICCI initiated programme, Italy’s ambassador to India Vincenzo de Luca said Italy and India are entering a new phase of relations after the successful virtual summit between the Prime Ministers of the two countries on November5, 2020.

The Italian ambassador said both Rome and New Delhi are experiencing a momentum for a very important breakthrough relationship between them after a period of less intense dialogue. “Over the last three years we have increased the bilateral trade by 22 per cent. This is a remarkable progress, Ambassador Luca underlined.

Sarkaritel.com | Jan 28, 2020

Indian and Brazil share common future, stronger ties will help us achieve all our goals: President, Brazil

“I am extremely proud to be in India and delighted with my successful meeting with Prime Minister Shri Narendra Modi. Both India and Brazil share a common future and I am confident that together we will achieve all our goals in the years to come with a stronger India-Brazil relationship,” said Mr Jair Bolsonaro, President of Federative Republic of Brazil at the India-Brazil Business Forum (IBBF) organized by ASSOCHAM here today.

Delivering the special address, Shri Piyush Goyal, Hon’ble Minister for Commerce & Industry and Railways, Government of India called the visit of Mr Bolsonaro as one of the most productive and high profile visit ever by a Brazilian President to India. Making a strong pitch for deepening India Brazil ties he said, “Backed by business friendly environment, rule of law and a vibrant society, India and Brazil are at the cusp of a very bright future.”

Talking about the cooperation in the Railway sector he said,” We are very conscious of our responsibility to the environment. We have embarked on a massive electrification drive of the Railway Network and by 2024 we expect the entire Indian railway to 100% run on electricity and by 2030 we plan to make Indian Railways network net zero emission network.”

Speaking at the inaugural session, Dr. Niranjan Hiranandani, President, ASSOCHAM advocated strengthening bilateral trade links between the two countries by exploring new trade and commerce avenues. “India being a land of opportunities shall draw foreign investments and plethora of opportunities. Both nations should come together and work towards their common goal of fostering sustainable social growth. To further facilitate cooperation between the two countries on the business front we are looking forward to the opening of our ASSOCHAM office in Brazil.”

Welcoming the guests, Mr. Sagar Kaushik, Senior Executive Committee Member, FICCI said, ‘We feel there is a more complementary relationship than competition between India and Brazil. Together, we form an integral part of the global economy as engines of the economic growth. We urge business leaders from both the countries to utilize this platform to create synergies between the two economies.”

Yahoo News | Jan 27, 2020

Jindal Defence signs JV agreement with Brazil's Taurus Armas S.A. for manufacturing of small arms

Jindal Defence, part of O P Jindal Group on Monday announced its advent into small arms manufacturing in India with the company signing a joint venture (JV) agreement with Taurus Armas S.A., of Brazil for manufacturing small arms.

"Jindal Defence, part of O P Jindal Group, today announced its advent into small arms manufacturing in India. In a move aimed towards empowering indigenous manufacturing, Jindal Defence has signed a joint venture (JV) agreement with Taurus Armas S.A., of Brazil for manufacturing an array of small arms," an official statement said in this regard said.

According to the statement, the JV agreement was signed today at the 1st Brazil-India Defence Industry Dialogue of the India-Brazil Business Forum (IBBF), organised by the Ministry of External Affairs, Government of India in association with CII, ASSOCHAM, and FICCI.

This forum is part of a business exchange program hosted in honour of Brazilian President Jair Bolsonaro's official visit to India.

The agreement proposes setting up of a JV Company at Hisar (Haryana) with equity participation from both, Jindal Defence and Taurus Armas S.A, in the equity ratio of 51:49. the statement informed.

The JV Company will manufacture carbine, assault rifle, pistols and revolver in India based on the Transfer of Technology from Taurus to achieve localisation of production in accordance with the Defence Procurement Procedures.

"To further strengthen the 'Make in India' vision of Prime Minister, our collaboration with Taurus Armas S.A. will support self-reliance in strategic small arms manufacturing. The JV Company envisages the creation of world-class infrastructure along with the adoption of best manufacturing practices to achieve perfection in design and engineering and achieve high-quality standards. Moreover, with the technological expertise emerging with this JV, we aim to support the emerging demands of the Indian Armed Forces," Abhyuday Jindal, Promoter, Jindal Defence was quoted as saying.

The statement mentioned that the partnership aims to maximise existing domestic opportunities in the small arms manufacturing sector and provide significant support to the ongoing and future modernization plans of the Armed Forces, particularly the Indian Army, the Para-Military, and State Police Forces.

Taurus Armas S.A, Brazil is one of the largest firearms manufacturers in the world, with a wide range of small arms in its portfolio.

Devdiscourse | Jan 27, 2020

Investments to grow value chains between India and Brazil: Piyush Goyal

The visit of the President of the Federative Republic of Brazil, Jair Bolsonaro, is a sign of the growing importance of India – Brazil bilateral partnership said Union Minister of Commerce and Industry & Railways, Piyush Goyal, during his address at the inaugural session of the India-Brazil Business Forum held in New Delhi today.

He hoped that as Brazil is one of the most important trading partners of India in the entire LAC (Latin America and the Caribbean) region trade between the two countries will grow to USD 15 billion by 2022.

The 15 MoUs signed during the visit of the President of Brazil shows the power of democracy, demography, leadership, the talent pool available in India, India's market and the aspirations of one billion Indian citizens for a better life said the Commerce and Industry Minister. The MoUs of cooperation that have been signed during the presidential visit on investments, trade facilitation, social security, agriculture, defense, and double taxation make this the most productive visit by a Brazilian Head of State.

Commerce and Industry Minister hoped that investments will also grow in the sectors of clean energy, startups, railways and creation of value chains between India and Brazil where goods may be semi-assembled in one country and finished in another. Piyush Goyal informed that the entire Indian Railway will be fully electrified by 2024 and by 2030 the railway network in India will run completely on clean energy with zero-emission.

Commerce and Industry Minister welcomed the announcement made during the visit of President of Brazil to India for visa-free travel between the two countries. He added that visitors for business and tourism between the two countries will benefit greatly from this.

Commerce and Industry Minister also urged that the India – Brazil Business Leader's Forum may be activated and reconstituted to make it more relevant and contemporary to businesses in both countries.

Commerce and Industry Minister hoped that India's services in the wellness sector like Yoga and Ayurveda will further grow as Brazil has a strong community of Yoga and Ayurveda practitioners. Brazil has an association of Ayurveda (ABRA), a nonprofit association with offices in 9 states of Brazil and members all over Brazil and the Third International Congress on Ayurveda was held from 12 to 15 March 2018 in Rio de Janeiro. The conference saw the participation of more than 4000 delegates, including many from India.

India and Brazil share close relationships at the bilateral level as well as plurilateral fora like BRICS, BASIC, G-20, IBSA, International Solar Alliance and in larger multilateral bodies like UN, UNESCO and WIPO stated Commerce and Industry Minister. He further said that the decade long bilateral strategic partnership is based on a common global vision shared democratic values and a commitment to foster economic growth with social inclusion for the welfare of the people of both countries.

The Hindu Business Line | Jan 27, 2020

India-Brazil should activate bilateral Business Leaders Forum: Goyal

India and Brazil should activate the Business Leaders Forum constituted some years ago to facilitate bilateral trade and work towards achieving the target of $15 billion by 2022 from the present level of $8.2 billion and even going beyond it, Commerce & Industry Minister Piyush Goyal has said.

“Let the trade target (of $15 billion) not be a restrictive factor. Let us see it as the beginning of the threshold to brighter future between two countries be it in trade, investments or services,” Goyal told the India-Brazil Business Forum organised by industry body Assocham on Monday. The event was also attended by visiting Brazilian President Jair Bolsanaro.

On the India-Brazil Business Leaders Forum, the Minister said that somehow it hadn’t taken off and it was time to activate it. “I hope we can utilise this opportunity to activate that forum and we will be happy to hear from the Brazilian side. We will reconstitute it to make it more contemporary and relevant to businesses that are working with Brazil,” he said. He called for fresh proposals from businesses in India wanting to engage with Brazil in a big way.

Huge potential

Addressing business representatives from the two countries, the Brazilian President Bolsanaro said that there was a huge potential for Indian businesses in Brazil. “Brazil’s potential is unmatched,” Bolsanaro said, adding that opportunities were are right before the two countries waiting to be tapped.

Brazil’s Minister for Mines Bento Albuquerquq said that increase in cooperation in clean energy, especially in ethanol, can help both the countries to become a low carbon economy.

Agriculture Minister Teresa Cristina said that her country could export sesame seeds to India and there was huge investment potential in the agriculture sector for both the sides.

Focus on infrastructure

Listing the future areas for intensifying cooperation, Goyal said that infrastructure was a specific sector where the two countries could work together. “I have seen both your Houses of Parliament in Brasilia. They are an architecture of marvel. I would like to congratulate Brazil for creating very good infrastructure in many of your cities,” he said.

Stating that railways was another area where the two countries could work together, Goyal said that India expects to run the entire network of railways on electricity by 2024. “We are embarking on rapid electrification of the rail network by 2024, we expect the entire Railways to be 100 per cent run on electricity,” he said.

It will be the first railway in the entire world, of this scale and size, to be run on electricity and by 2030, we plan to make the entire railway network a zero-emission network. It will run on clean energy, he added.

Diversifying India-Brazil relationship

The Minister said that India would also want to take its relationship with Brazil in areas such as defence, clean energy and start-ups to the next level.

On the 15 agreements signed between the two countries during the on-going Presidential visit, Goyal said that the diverse areas in which the pacts have been inked such as investments, trade, health, social security, agriculture, science and technology, clean energy and cyber security showcased the huge potential that the two countries had of working together.

Goyal pointed out that the announcement made by Brazil on visa-free travel for India would give a big boost to tourism and people to people interaction in various fields such as yoga and ayurveda.

Bolsanoro, who is on a four-day visit to India heading a high-powered delegation comprising eight ministers, senior officials and several business representatives, was the Chief Guest at India’s Republic Day celebrations on Sunday.

In a meeting between Bolsonaro and Indian Prime Minsiter Narendra Modi, the two leaders agreed on an action plan to strengthen the bilateral partnership. The plan provides for following up in a coordinated manner the outcomes and activities of the existing institutional mechanisms and the implementation of cooperation initiatives in all areas of bilateral relations, according to an official release.

In 2018-19, India’s exports to Brazil were worth $3.8 billion while its imports from the country were to the tune of $4.4 b illion. Major Indian exports to Brazil include agro-chemicals, synthetic yarns, auto components and parts, pharmaceuticals and petroleum products. Brazilian exports to India include crude oil, gold, vegetable oil, sugar and bulk mineral and ores.

Business Standard | Jan 27, 2020

Jindal defence signs JV agreement with Brazil's Taurus Armas S.A. for manufacturing of small arms

This forum is part of a business exchange program hosted in honour of Brazilian President Jair Bolsonaro's official visit to India.

The agreement proposes setting up of a JV Company at Hisar (Haryana) with equity participation from both, Jindal Defence and Taurus Armas S.A, in the equity ratio of 51:49. the statement informed.

Taurus Armas S.A, Brazil is one of the largest firearms manufacturers in the world, with a wide range of small arms in its portfolio.

Outlook | Jan 27, 2020

Jindal Defence partners with Taurus Armas for small arms manufacturing

Jindal Defence on Monday said it has partnered with Brazil-based Taurus Armas to foray into small arms manufacturing in India.

Both the companies have signed agreement to set up a joint venture firm at Hisar in Haryana. While Jindal Defence will hold 51 per cent equity stake, Taurus Armas would have the rest 49 per cent, the company said in a statement.

"The JV company will manufacture small arms in India based on the transfer of technology from Taurus to achieve localization of production in accordance with the defence procurement procedures," the OP Jindal Group firm said.

This partnership aims to maximise existing domestic opportunities in the small arms manufacturing sector and provide significant support to the ongoing and future modernisation plans of the armed forces, particularly the Indian Army, para-military, and state police forces, the company said.

"To further strengthen the make in India vision, our collaboration with Taurus Armas will support self-reliance in strategic small arms manufacturing. The JV envisages creation of world-class infrastructure along with adoption of best manufacturing practices to achieve perfection in design and engineering, and achieve high quality standards," Jindal Defence Promoter Abhyuday Jindal said.

He further said that the move is in sync with the government''s vision of greater private sector participation in defence hardware manufacturing.

The joint venture agreement was signed on Monday at the first Brazil–India Defence industry dialogue of the India-Brazil Business Forum (IBBF), organised by the Ministry of External Affairs in association with CII, Assocham, and FICCI.

ANI | Jan 27, 2020

Jindal Defence signs JV agreement with Brazil's Taurus Armas S.A. for manufacturing of small arms

This forum is part of a business exchange program hosted in honour of Brazilian President Jair Bolsonaro's official visit to India.

The agreement proposes setting up of a JV Company at Hisar (Haryana) with equity participation from both, Jindal Defence and Taurus Armas S.A, in the equity ratio of 51:49. the statement informed.

Taurus Armas S.A, Brazil is one of the largest firearms manufacturers in the world, with a wide range of small arms in its portfolio.

WION | Jan 27, 2020

Jindal Defence partners with Brazil's Taurus Armas for arms manufacturing

Jindal Defence on Monday said it has partnered with Brazil-based Taurus Armas to foray into small arms manufacturing in India.

"The JV company will manufacture small arms in India based on the transfer of technology from Taurus to achieve localisation of production in accordance with the defence procurement procedures," the OP Jindal Group firm said.

He further said that the move is in sync with the government's vision of greater private sector participation in defence hardware manufacturing.

The joint venture agreement was signed on Monday at first Brazil-India Defence industry dialogue of the India-Brazil Business Forum (IBBF), organised by the Ministry of External Affairs in association with CII, Assocham, and FICCI.

Orissadiary.com | Jan 27, 2020

Jindal Defence forays into small arms manufacturing

Jindal Defence, part of O P Jindal Group, today announced its advent into small arms manufacturing in India. In a move aimed towards empowering indigenous manufacturing, Jindal Defence has signed a joint venture (JV) agreement with Taurus Armas S.A., of Brazil for manufacturing an array of small arms. This JV agreement was signed today at the 1st Brazil–India Defence Industry Dialogue of the India-Brazil Business Forum (IBBF), organized by the Ministry of External Affairs, Government of India in association with CII, ASSOCHAM, and FICCI. This forum is part of a business exchange program hosted in honour of President of the Federative Republic of Brazil, H.E. Mr Jair Bolsonaro’s official visit to India. This move by Jindal Defence is expected to bolster Indo-Brazil cooperation in the strategic defence sector.

The agreement proposes setting up of a JV Company at Hisar (Haryana) with equity participation from both, Jindal Defence and Taurus Armas S.A, in the equity ratio of 51:49. The JV Company will manufacture small arms in India based on the Transfer of Technology from Taurus to achieve localization of production in accordance with the Defence Procurement Procedures.

“To further strengthen the ‘Make in India’ vision of Hon’ble Indian Prime Minister, our collaboration with Taurus Armas S.A. will support self-reliance in strategic small arms manufacturing. The JV Company envisages creation of world-class infrastructure along with adoption of best manufacturing practices to achieve perfection in design and engineering, and achieve high quality standards. Moreover, with the technological expertise emerging with this JV, we aim to support the emerging demands of the Indian Armed Forces”, said Promoter, Jindal Defence, Mr Abhyuday Jindal.

This partnership aims to maximise existing domestic opportunities in the small arms manufacturing sector and provide significant support to the ongoing and future modernization plans of the Armed Forces, particularly the Indian Army, the Para-Military, and State Police Forces. Further, this move is in sync with the government’s vision of greater private sector participation in defence hardware manufacturing.

Jindal Defence is engaged in the business of manufacturing products for defence and other strategic sectors. O P Jindal Group, a US $ 25 billion global business conglomerate, has interests spanning the steel, mining, power, industrial gases, ports, and defence verticals. The Group is successfully operating in a wide spectrum of the manufacturing sector globally with exceptional capabilities in project management.

Taurus Armas S.A, Brazil is one of the largest firearms manufacturers in the world, with a wide range of small arms in its portfolio. The Company exports arms to over 100 countries and caters to the diversified requirement of military, law enforcement, and commercial markets. Taurus’ small arms are globally acknowledged for high reliability, accuracy, durability, safety, unique features and ease of use.

APN News | Jan 27, 2020

Indian and Brazil share common future, stronger ties will help us achieve all our goals: Mr. Jair Bolsonaro, President, Brazil

Talking about India – Brazil partnership, Mr CP Gurnani, National Council Member, CII said, “Collaboration in design and engineering will benefit both our countries. India has a very prominent workforce. This visit of Mr Jair Bolsonaro is going to accelerate India- Brazil relations.”

The day long business forum included panel discussions on Brazilian Economy, Bioenergy, Oil and Gas, Defense Industry, Innvoation etc. These sessions were attended by Group of Ministers from Brazil besides several industry stalwarts from both the countries among others.

BW Education | Nov 29, 2019

Bricsmath competition inaugurated in Brazil and India

The international competition called, BRICSMATH.COM, was inaugurated at the BRICS summit in Brasilia (Brazil) and India simultaneously recently.

The competition is supported by the Department of School Education and Literacy (MHRD), Federation of Indian Chambers of Commerce and Industry (FICCI), Atal Innovation Mission (NITI Aayog).

Ministry of Human Resource Development of India supported the competition and stated, "The purpose of BRICSMATH.COM is to cultivate interest in Mathematics and develop logical reasoning skills, as well to unite children from different countries. The competition is held in an online format on the website Bricsmath.com and is completely free of charge."

Addressing secretaries of States and United territories of India, MHRD recommended them to advise schools in their State/UT to encourage students to participate in the competition.

The third international online competition in mathematics will create a sense of unification amongst all school students in BRICS countries -- Brazil, Russia, India, China, and South Africa. The organisers expect more than 2 million children to take part in the competition. The competition is open for the students from 1-12 grades.

The tasks are aimed at training concentration, logic, and spatial imagination, but do not require an in-depth knowledge of the school curriculum, therefore, students of any level can take part in the competition.

Ekaterina Zotova, CEO of Dragonlearn.in said, “Mathematics is an opportunity to unite children from all BRICS countries, despite linguistic and cultural differences. We are hosting the BRICSMATH.COM competition for the third time, and every year the scale of it grows: in 2017, 670 thousand children took part in the competition, and in 2018 there were already a million! We expect that this year more than 2 million students from all over the world will take part in the competition. In addition, this time the competition is available for school students of all the classes.”

The tasks for the competition is available on the bricsmath.com portal from November 13 to December 13, 2019. Students will be able to see their results immediately after completing the tasks. All participants will be able to receive certificates through their accounts on the website after the end of the competition.

BRICSMATH.COM is a platform for school students of BRICS countries to come together and participate online. The competition promotes creativity and has been strengthening ties between Brazil, Russia, India, China and South Africa in the fields of education, culture and innovation. BRICSMATH.COM unites children and introduce them to the concept of BRICS.

India Education Diary | Nov 23, 2019

The international competition called BRICSMATH.COM was inaugurated at the BRICS summit in Brasilia (Brazil) , and in India Simultaneously

The international online competition in Mathematics BRICSMATH.COM is a platform for school students of BRICS countries to come together and participate online. The competition promotes creativity and has been strengthening ties between Brazil, Russia, India, China and South Africa in the fields of education, culture and innovation. BRICSMATH.COM unites children and introduce them to the concept of BRICS.

The free of cost competition in Mathematics BRICSMATH.COM,that is hosted on the website Dragonlearn.in, was held for the third time. It was inaugurated at the ceremony during the 11th BRICS summit in Brasilia (Brazil) on November 13-14, 2019. The competition is supported by the Department of School Education and Literacy (MHRD), Federation of Indian Chambers of Commerce and Industry (FICCI), Atal Innovation Mission (NITI Aayog).

The goal of BRICSMATH.COM is to popularise STEM subjects and to develop creative thinking. All tasks are presented in a game format and are available in the official BRICS languages: Portuguese, Russian, English, Hindi, and Chinese. The tasks are aimed at training concentration, logic, and spatial imagination, but do not require an in-depth knowledge of the school curriculum, therefore, students of any level can take part in the competition.

“Mathematics is an opportunity to unite children from all BRICS countries, despite linguistic and cultural differences,” said Ekaterina Zotova, CEO of Dragonlearn.in. “We are hosting the BRICSMATH.COM competition for the third time, and every year the scale of it grows: in 2017, 670 thousand children took part in the competition, and in 2018 there were already a million! We expect that this year more than 2 million students from all over the world will take .part in the competition. In addition, this time the competition is available for school students of all the classes!”

Ministry of Human Resource Development of India supported the competition, saying that: “The purpose of BRICSMATH.COM is to cultivate interest in Mathematics and develop logical reasoning skills, as well to unite children from different countries. The competition is held in an online format on the website Bricsmath.com and is completely free of charge.” Addressing secretaries of States and United territories of India, MHRD recommended them to advise schools in their State/UT to encourage students to participate in the competition.

The Economic Times | Nov 15, 2019

India to host BRICS Digital Health Summit to boost digital healthcare

India will host a BRICS Digital Health Summit on innovative solutions to a healthy lifestyle that will seek to integrate digital technology with healthcare informatics and diagnostics.

Divulging details on the recently concluded BRICS summit in Brazil, TS Tirumurti, Secretary, Economic Relations (Ministry of External Affairs), said, "The Prime Minister has announced that India will host a BRICS Digital Health Summit on innovative solutions to healthy lifestyle which will seek to integrate digital technology with healthcare informatics and diagnostics," adding that the initiative will be in tandem with Modi's 'Fit India' movement.

The Prime Minister was accompanied by an official delegation to the Brazilian capital on Wednesday to address the 11th BRICS summit under the theme of 'Economic growth for an innovative future'.

A large business delegation was already present here, said Tirumurti, which attended the BRICS Business forum yesterday where the business representatives of all the five countries, including Brazil, Russia, India, China, and South Africa, were represented.

This was the Prime Minister's second visit to Brazil. After his remarks at the concluding session of the BRICS Business Forum, the Prime Minister, on the same day, held separate bilateral talks with his counterparts from China, Brazil, and Russia. The closing ceremony then followed by a welcome dinner hosted by Brazilian President Jair Bolsonaro.

This morning, the MEA Secretary further added that a photo of the BRICS closed-door session was held wherein discussions were focused on the challenges and opportunities for the exercise of national sovereignty in the contemporary world.

In a statement, the Prime Minister underlined the importance of a rule-based world order which represents diversity and equality and eschews unilateral policies or the use of force. He stressed the challenges to sovereignty arising from a range of factors including terrorism which seeks to undermine the nation-state.

The restricted session was then followed by the BRICS Plenary session, where the leaders discussed intra-BRICS cooperation for the economic development of BRICS societies. Prime Minister Modi welcomed the BRICS summit deliverables on a range of areas including innovation, network, architecture and the establishment of the BRICS Women's Alliance, he said.

During the plenary session, Modi also placed special emphasis on intra-BRICS trade and goods and services and welcomed the BRICS joint statements endorsement on reformed multilateralism.

At the same time, the Prime Minister also announced his intention to build on the workshops hosted on traditional medicine and have a BRICS Memorandum of Understanding (MoU) on traditional medicine, an initiative that was taken up under India's presidency of BRICS in 2016.

Modi also proposed to hold the first meeting of BRICS Water Ministers in India in order to push for sustainable water management and clean sanitation.

"Sustainable water management and sanitation are important challenges in urban areas. I propose to hold the first meeting of BRICS Water Ministers in India," he said.

The Prime Minister said he wanted to see an increase in contacts and exchanges between BRICS nations in the fitness and health sectors.

He underlined that the BRICS mechanism and processes should be outcome-driven and efficient in order to address global economic challenges.

In addition, since India has been a world leader in film production and technology India will host the BRICS film technology symposium in conjunction with FICCI frames in Mumbai in March 2020.

Terrorism has been an important focus in BRICS. Brazil has hosted the first BRICS seminar on strategies to counter-terrorism, Tirumurti stated.

BRICS has also set up five sub-working groups on terrorism. The Prime Minister announced that India will host a BRICS workshop on digital forensics. He also announced that India will host the BRICS youth summit with a focus on areas like startups, hackathon, games, and others. This is in keeping with the people-to-people initiative undertaken by India during our presidency in 2016, he said.

After completing his fruitful engagements during his two-day trip to the South American country, the Prime Minister, in the evening, emplaned for India.

DD News | Nov 14, 2019

PM Modi calls business leaders from BRICS nations to invest in India

Prime Minister Modi said, India is the world's most open and investment-friendly economy due to political stability, predictable policy and business-friendly reforms.

Prime Minister Modi was addressing the closing ceremony of the BRICS Business Forum in Brasilia, the capital of Brazil, last night. Prime Minister Modi said, the BRICS has led to economic development despite the global economic slowdown.

Prime Minister said, BRICS accounts for 50 per cent of the world's economic growth. Prime Minister Modi called upon BRICS business leaders to exploit the opportunities among member countries.

The meeting of working groups of BRICS Business Council concluded on the first day of BRICS 2019. In this meeting, leaders of working groups have agreed on 30 important proposals related to different areas.

Out of which, 10 proposals have been placed on priority and all these proposals will be submitted to BRICS leaders tomorrow. Secretary-General of FICCI Dilip Chinoy told AIR that working groups have come up with the proposals to remove regulatory difficulties in bilateral trade, normalise phytosanitary measures for agriculture exports and to increase mutual cooperation in digital literacy.

President of New Development Bank, K V Kamath told AIR that the bank has decided to open a new regional branch in India which will facilitate Indian businesses. He also said that the bank has opened the funding for non-government project also.

AIR News | Nov 14, 2019

PM Modi calls upon business leaders from BRICS nations to invest in India

Prime Minister Narendra Modi has called upon business leaders from the BRICS nations to invest in India, particularly in infrastructure development.

Mr Modi said, India is the world's most open and investment-friendly economy due to political stability, predictable policy and business-friendly reforms.

Mr Modi was addressing the closing ceremony of the BRICS Business Forum in Brasilia, the capital of Brazil, last night. Mr Modi said, the BRICS has led to economic development despite the global economic slowdown.

Prime Minister said, BRICS accounts for 50 per cent of the world's economic growth. Mr Modi called upon BRICS business leaders to exploit the opportunities among member countries.

Financial Express | Nov 08, 2019

BRICS Summit: Curbing terrorism, digital economy to be focus areas

With the focus on deeper multilateralism and stronger world economy, Prime Minister Narendra Modi heads to Brazil for the 11th BRICS summit next week. The theme of the two-day summit starting Nov 13 is “Economic Growth for an Innovative Future”, where Brazil, Russia, India, China and South Africa will talk about boosting cooperation among the member nations.

During several ministerial meetings leading up to the summit, New Development Bank, money laundering, digital economy, organised crimes, fight against terrorism as well as scientific-technical and innovative cooperation, are some of the priority areas where the five countries will focus.

According to Prof Rajan Kumar, School of International Studies, JNU, “India’s engagement with the BRICS involves three key elements: develop mechanisms to counter-terrorism, ‘reformed multilateralism’ and encourage intra-BRICS trade and cooperation. Focus on terrorism remains India’s main priority and it would like to build a consensus on methods to curb the menace of global terrorism by enhancing cooperation with other BRICS countries. Russia, Brazil and South Africa may offer unconditional support, but China is unlikely to endorse India’s case if it involves Pakistan, directly or indirectly.”

In his view, the BRICS has taken some important initiatives to promote trade and other cooperation in the field of science, culture, education and sport. “Women’s Business Forum is an important addition this year. This should be welcomed.”

On the other hand, Prof Rajesh Rajagopalan, School of International Studies, JNU, says that “The idea of BRICS as an international grouping is declining, and understandably so. There is little that unites these countries, other than the ambition to be more important players in the global system. But that did not really unite these countries because, obviously, their individual ambitions conflicted with each other. Thus, China has undermined Indian ambitions to become a UN Security Council permanent member, while Brazil and South Africa were less than happy about the special concessions were given to India under the NSG.”

“Moreover, beyond this ambition, there is little real common interest that unites these powers. In fact, the conflict of interest between China and India is increasingly likely to make India the odd man out in the grouping because the other members are more likely to support China, thus isolating India. Russia is already very dependent on China, and South Africa and Brazil see Beijing as far more useful compared to New Delhi,” Rajagopalan adds.

This will be Modi’s second visit to the South American nation and the first after the after new administration led by President Jair Bolsonaro assumed office earlier this year. The summit comes close on the heels of the recently concluded ASEAN summit and India’s decision not to join the China-initiated Regional Comprehensive Economic Partnership (RCEP) pact.

According to TS Trimurti, Secretary Economic Relations, Ministry of External Affairs, “This is the sixth time that the Prime Minister is participating at the BRICS Summit. The first time it was at Fortaleza in Brazil in 2014.”

Besides meeting at the summit level, there will be bilateral meetings too between the leaders of the member states. Modi has already met with the leaders earlier at different multilateral forums including the on the margins of G20 Summit in Osaka, Japan this year.

Accompanied by a high-level official delegation, according to MEA there will be a business delegation led by industry chamber FICCI. At the BRICS Business Forum meet, the business community of all five countries will be represented and this will also give an opportunity to all participants to seek deeper cooperation in various sectors.

Though there have been meetings at the multilateral forum, according to Trimurti, “This will be the first time that the Prime Minister Modi will have a formal bilateral meeting with the Brazil President Jair Bolsonaro.”

With Brazil holding the chair this year of BRICS which represents over 3.6 billion population and have a combined nominal GDP of $ 16.6 trillion. As a whole, the BRICS brings together five major world economies.

Business Standard | Jun 12, 2019

India-LAC trade up 20-fold yet since 2002; huge potential untapped: MEA official

Mr G. V. Srinivas, Joint Secretary (LAC), Ministry of External Affairs, Government of India today said the trade between India and the Latin America and the Caribbean (LAC) region has grown 20-fold in last two decades but still there is a lot of potential.

Speaking at 'Industry Interaction on India-LAC Trade and Investment', organized by FICCI, jointly with Inter-American Development Bank (IDB), Mr Srinivas said, "Trade between LAC and India has grown 20-fold from $2 billion in 2002 to $39 billion in 2018 with India's exports around $13 billion and imports of $26 billion." Both LAC countries and India have witnessed encouraging growth in recent years "though a lot of potential yet remains untapped", he added.

He further added that many leads have emerged from the recent interactions India had with the region including 'Lithium Triangle' of Bolivia, Argentina and Chile. The 'Lithium Triangle, he said is welcoming Indian companies to join in the value chain and Bolivia inviting Indian pharmaceutical companies to set up cancer drug manufacturing plant.

Mr James Scriven, CEO, IDB Invest (private sector arm of IDB Group committed to supporting the private sector in LAC) expressed his optimism on various opportunities for the Indian companies. IDB Invest would explore the possibilities of Indian companies engaging in the LAC region, he added.

"We have about $3.5 billion in assets under management with total assets around $12 billion. We have in our assets about 400 projects," he said. He further added that there are enormous opportunities for further collaboration between India and Latin American countries which together has a combined GDP of $8.4 trillion and combined population of over 2 billion.

Mr Scriven highlighted that the three areas which characterize the trade relations between India and LAC region can be converted as opportunities which include geographical concentration, goods concentration and low levels of foreign direct investment (FDI).

Prensa Latina | Jun 12, 2019

Representatives from India and Latin America call for more trade

Options for enhanced economic cooperation in India and Latin America were discussed by diplomats from that region and officials of the Indian Government, banking entities and the National Federation of Chambers of Commerce and Industry.

Economic relations between Latin America and the Caribbean and India are still at an incipient stage despite the immense opportunities for trade, investment and cooperation, which so far remain unexplored, the meeting noted.

The combined Gross Domestic Product between the two subcontinents approached 84 billion dollars last year, while the populations together totaled almost two billion inhabitants.

In this respect, trade between Latin America and India has room to grow through diversification.

Latin American exports to India are heavily concentrated in extractive products, which represent 72 percent of exports in 2017.

Agricultural products still account for 19 percent and industrial manufactures for only nine percent.

At the end of the meeting, which took place at the offices of the Federation of Chambers of Commerce and Industry, under the title 'Industry Interaction in India-Latin America Trade and Investment', the ambassador of Ecuador, Héctor Cueva Jacome, told Prensa Latina that India has great technological potential and solutions in the areas of health, medicines, agriculture, education and science for the development of Latin America and the Caribbean.

The participation of the Exports and Imports Bank of India would facilitate access to credit and financial facilities for Indian companies interested in investing and doing business in Latin America and the Caribbean, said Chile's Ambassador Juan Angulo.

Also present were diplomatic representatives from Argentina, El Salvador, Guatemala, Guyana, Cuba, Paraguay, Brazil, Panama and Mexico, among others.

Financial Express | Oct 22, 2018

For deeper South-South Cooperation: Indian Industry heads to Cuba

In line with the government’s efforts to strengthen South-South Cooperation, India will send a big business delegation to Cuba later this month to participate in FIHAV 2018 from Oct 29-Nov 2. This comes close on the heels of President Ram Nath Kovind’s visit to that country recently. Expo Fihav-2018, is considered to be one of the most important multi-sectoral trade fair in Caribbean and Central American region with most government procurement orders and business being conducted at the show.

According to FICCI officials, “the FIHAV is considered to be the most prestigious show in LAC region where close to 3000 exhibitors from 70 countries will participate and there is enormous scope for Indian Exporters along with potential lines of credit from EXIM Bank , and areas including India- Technology collaboration, Skill development, training, SME collaboration are going to be focus areas.”

The industry body along with the Ministry of Commerce & Industry is organizing an India Pavilion at FIHAV 2018, in Cuba which is under transformation and liberalization and one of the last few markets in the world to open up. And has been identified as a game changer for market access for Indian companies seeking business in that market.

Participation in the FIHAV is seen in the context of the government keen on expanding India’s trade basket and getting closer to the region of LatAm region, said a senior officer. In the recent months there have been several high visits from the Indian side including visit by the Vice Present Venkaih Naido and Mos external Affairs Gen VK Singh, and thereafter the momentum of visits at the high level to Latin America will be sustained till the end of the year.

As reported by FE earlier, India could explore opportunities in getting gold from that country as well as seek joint co-operations in copper, nickel and cobalt mining operations. In an earlier interaction, Cuba’s ambassador to India Oscar I Martínez Cordovés had said that, “In view of a new container port in the expanded Panama Canal, the country can be a gateway to not only Central America, but to the US and the Caribbean.”

According to the MEA “Both India and Cuba have been working together on the multilateral fora where both share commonality of views and has a history of cooperation and development in the South South Cooperation Arena which India does too and therefore there is a reinforcement of interests there.”

India has been rendering some kind of development assistance to Cuba through lines of credit in the areas of renewable energy, wind power and has also offered some more developmental assistance in the area of solar power because Cuba is a founding member of the International Solar Alliance (ISA).

Financial Express | Mar 30, 2018

India Inc looks to increase value-added trade with Latin American companies

India Inc is keen on increasing engagement with Latin American companies as they find the market attractive. A number of business delegations from India will be visiting Latin American countries around May to explore possibilities with regard to trade and investment. Indian companies are also looking at increasing value-added trade with their LatAM counterparts in a departure from the bulk trade approach that was being followed so far, industry sources said. A large business delegation will be heading to Sao Paula, Brazil, in May to take part in a trade fair to be held for distributors and suppliers of products and services used in hospitals. This will be followed by another big delegation of 100 representatives from various companies to the region for a buyer-seller meet. Earlier this month, the Export Promotion Council for Handicrafts organised a buyer-seller meet in Lima, Peru, simultaneously with the ‘India Sourcing Show 2018’, an event organised by the India Trade Promotion Organization. Talking to FE, a senior officer at FICCI said, “India needs to organise one big purposeful event in Latin America every year for different sectors.

Big Indian companies along with MSMEs/SMEs should take part in such events.” The large corporate needs to leverage on the LatAm region as an investment destination and work towards investment-led trade and use the region as a production hub to not only leverage the domestic market but also use numerous trade agreements signed by Latin American countries and groups with other important markets,” he said. According to FICCI, “The primary approach towards trade with Latin America has remained in the realm of bulk or merchandise trade, and not value-added trade from both the sides. Currently, Indian companies face the problem of not being competitive enough because of various domestic infrastructure bottlenecks. Besides, due to lack of direct shipping lines or possible air traffic corridors, Indian goods reach Latin American shores (east coast) at a minimum lag of 15-30 days over rivals such as China.”

The industry body has pointed out that the Indian government needs to build warehouses at strategic locations in Latin America so that goods can easily be available to customers. Though India has such a scheme, it has not been effectively used, and needs to be reviewed. However, despite all these efforts, the trade target of $100 billion by 2020 looks elusive, since there are several challenges to overcome. They include tariff and non-tariff barriers, foreign investment restrictions, movement of professionals, taxation, regulatory compliance and permits, infrastructure, land acquisition, intellectual property protection, etc.

Business Line | Oct 17, 2014

Latin America beckons

Latin America looks set to take centre stage in India’s diplomacy. Nothing drives home this point as emphatically as Prime Minister Narendra Modi’s interaction with leaders of several South American countries at Fortaleza, Brazil, on the sidelines of the sixth Brics summit held in July this year.

This meeting set the stage for opening new windows of engagement between Asia’s second largest economy and a resource-rich vibrant region of the world

There are two compelling reasons for India and Latin America to develop closer synergies.

First, both demonstrate sound economic fundamentals and, like India, Latin America is fast emerging as one of the major growth engines of the world, accounting for a combined GDP of $12 trillion (PPP basis), a population of 600 million and $179 billion of FDI in 2013, the highest for any region in the world. India, with a GDP of $5.5 trillion (PPP basis) and a 1.2 billion strong market is also set to see a quantum jump in inward FDI in the next few years.

Second, India-LAC (Latin American and Caribbean) business partnership is already showing the potential of a giant leap forward. Be it crude or edible oil, pharmaceuticals or textiles, engineering goods or automobiles, aircraft or software, India and the LAC nations are moving steadily towards building trade and investment bridges which is expected to culminate in diversified partnerships between emerging markets.

Stepping up

The ‘Focus LAC’ initiative of the Government, with its broad thrust on encouraging the Indian private sector as well as state entities to develop stronger business links, has played a pivotal role in stepping up our engagement with the LAC region. This is clearly reflected in our trade with the LAC region, which has surged from a few hundred million dollars in the 1990s to $42 billion in 2013.

The expansion of India’s Preferential Trade Agreement with Mercosur and the recently granted ‘observer’ status in the emerging grouping — New Pacific Alliance — will take this trade to new heights and a $100 billion target should be looked at in the next five years.

While our trade would evolve along a natural trajectory, the focus should be on promoting bilateral investments. There are over 100 Indian companies that have planned investments of around $12 billion in Latin America and about 30 Latin American companies that have planned investments of about $1 billion in India.

Now is the time to give this engagement a new thrust. And there are several sectors that present opportunities that both sides much cash in on to create a win-win scenario. Let me highlight a few.

Take agriculture and food processing. Latin America with its vast swathes of fertile land, cutting edge food storage technologies, and leadership in agricultural research has the potential of becoming a major contributor to India’s food security by means of trade related investments as well as enhanced cooperation in agricultural technology.

Viable plan

A viable action plan by India to boost food security would be to acquire land on long-term lease for production of foodgrains and other agricultural and plantation products for import into India.

To improve manufacturing competitiveness, governments in LAC economies and India are already taking steps to resolve key policy issues. The Indian Government has laid out a red carpet for investors wanting to set up manufacturing units in the country through the ‘Make in India’ initiative.

For Latin American companies this is a lucrative opportunity to look for collaboration on prototyping and testing facilities for next-generation manufacturing products and processes in India.

Other areas that invite cooperation include biofuels, wind power and solar energy. Companies from both sides must look at joint investments to develop high-tech generators, power monitoring systems and breakthrough technologies that can help reduce the cost of generating and distributing solar and wind-based energy.

Latin America has also emerged as an important source of hydrocarbons for India in the past few years, with the region accounting for around 19 per cent of India’s energy imports. India should consider stepping up collaboration with Brazil in the area of eco-friendly ethanol and with Venezuela, Colombia and Mexico for the supply of oil.

In the IT and ITeS industry, business collaborations in applications related to social media, analytics and cloud computing can be useful for both sides.

As countries are putting in place building blocks for digitally driven economic growth, e-governance can be another vital area for sharing of experience. Our companies must pool in efforts to set up centres of excellence on either side in these and other related segments of the industry.

There is need to develop partnerships that are cross-cutting, involving both large and small and medium enterprises.

India and Latin America have strong SME sectors which are taking a lead in industrial innovation and competitiveness and should be brought on a common platform in high technology areas such as defence.

We can explore many more areas, develop synergies and grow together.

The writer is the senior vice-president of the Federation of Indian Chambers of Commerce and Industry

The Financial Express | Oct 17, 2014

India aims to double volume of trade with LAC in five years

Giving a call to Latin American and Caribbean (LAC) and Indian business to double the volume of two-way trade from the present $ 42 billion in the next five years, the government indicated that India's relations with the region are set for a leap.

Inaugurating the largest-ever congregation of businesspersons from the LAC region at the two-day India-LAC investment conclave organised by industry body FICCI on Thursday in New Delhi, Nirmala Sitharaman, minister of state for commerce and industry (independent charge), finance and corporate affairs, said: “The current bilateral trade volume in which Indian exports are about half of the total imports from the LAC region is not reflective of the potential which we could collectively achieve by broad-basing our trade and economic ties and by diversifying the basket of traded goods and services. Doubling the trade figures in the next five years should be our collective goal and bilateral investments could help us in achieving this milestone.”

The importance the LAC region attached to partnerships with Indian companies can be gauged from the fact that more than 350 businesspersons and policymakers from India and LAC countries attended, with Argentina, the partner country, itself coming in with over a 100 businessmen.

The conclave witnessed participation from 23 countries of the LAC region.

The minister said that more than 100 Indian companies have invested in excess of $15 billion in Latin America in sectors such as energy, IT, pharmaceuticals, sugar, agrochemicals, electrical products, mining, metals, vehicles, auto parts, cosmetics and plastics. Likewise, Latin American companies have invested a total of slightly less than $1 billion in India in steel, multiplexes, bus assembly, auto parts and electrical motors.

Urging the delegates to derive maximum benefit from the number of business meetings lined up during the conclave, Sitharaman said, “The figures say it all. A firm commitment from policymakers and business leaders alike from both India and Latin American countries would immeasurably steer the collective vision towards its intended goals of quantitatively and qualitatively improving our trade, economic and investment relations.”

She said FICCI, being an apex industry association in India, along with ‘Invest India’, its joint venture with Department of Industrial Policy & Promotion, is best suited to support the businesses in forging partnerships.

The Economic Times | Oct 16, 2014

Doubling trade figure in 5 years should be the goal: India to Latin American countries

India today sought investments from the Latin American countries (LAC) and asked them to work together in doubling the trade figures in the next five years from the current level of $42 billion.

Commerce and Industry Minister Nirmala Sitharaman said the current trade of $42 billion between India and LAC does not reflect the total potential which exists in both regions.

"Doubling the trade figures in the next five years should be our collective goal and bilateral investments could help us in achieving this milestone," the Minister said at the India-LAC Investment Conclave.

She said the target could be reached by broad-basing trade and economic ties and diversifying the basket of trade in goods and services.

The minister said that the government has taken several steps to improve business climate for investors and ease of doing business.

"The current level of investments relation is modest and well below the potential," she said, adding, "India has put in place an investor friendly FDI regime."

She said LAC companies and investors can explore opportunities in sectors, including defence, infrastructure, national investment and manufacturing zones (NIMZs) and industrial corridors.

"NIMZ offers opportunities for infrastructure development, equipment supply and manufacturing units. Another investment opportunity is in the DMIC," she added.

About 100 Indian companies have invested over $15 billion in the LAC region in sectors such as energy, IT, pharmaceuticals, sugar, agro-chemicals, auto parts, plastics and cosmetics.

On the other hand, LAC companies have invested in India in areas such as steel, bus assembling and auto parts.

Speaking at the occasion, FICCI president Sidharth Birla said that Indian companies can explore opportunities in ethanol sector in Brazil and oil sector in Venezuela, Mexico and Colombia.

The Financial Express | Oct 11, 2014

Govt to set up platform for LatAm investors

To invite investments from the South American countries after PM Narendra Modi’s visit to Brazil, the Centre has decided to have the first-ever investment-focused platform for the Latin American countries (LAC), especially Argentina and Peru.

Argentina and Peru will be the ‘partner country’ and ‘focus country’, respectively, at the two-day India-LAC Investment Conclave, 2014, starting October 16.

The ministry of external affairs is also supporting the first-ever investment focused platform between India, Latin American and Caribbean countries.

‘Invest India’, which is a FICCI and DIPP joint venture, will play a key role in this initiative. The theme of this Conclave, “Lets Grow Together”, promises to bring a paradigm shift in the economic equation between India and LAC.

With over 100 business delegates confirming their participation at the conclave, the ministers and governors from Argentina, Cuba, Dominican Republic, Guatemala, Haiti, Honduras and Mexico have also confirmed their participation in the event.

Minister for commerce & industry Nirmala Sitharaman and minister of state for external affairs General VK Singh will attend the inaugural and valedictory sessions, respectively.

“There are investment opportunities in Peru for Indian companies in mining, energy and services sectors. Foreign investment is pouring into mining, hydrocarbons and big infrastructure projects. There are oil and gas potentials too, which are being explored. The delegation from Peru will be led by the executive director of Proinversion (at level of vice-minister). Also during the conclave there will be a presentation by the commercial manager of Aje Group, outlining the success of a Peruvian company in India,” Javier Paulinich Velarde, ambassador of Peru to India, told FE.

“Today, Peru is one of the leading emerging markets in South America with an important economic stability, based on an uninterrupted average annual growth over the past 14 years of 5.6 % of GDP with favourable investment conditions. Peru welcomes foreign investment with an open regulatory environment,” the Peruvian envoy added.

Understanding the paradigm shift in the world trade, where Latin America is rapidly emerging as one of the major growth engines, India will be focusing to increase its ties with nations like Peru that already enjoys a healthy trade relationship. In fact, there will be a special session on Peru in the conclave. The Peruvian economy has been demonstrating a strong performance with an average growth of 5 % since 2000. According to a World Bank report of 2013, Peru ranked 42nd globally and third among LAC countries in terms of ‘Ease of Doing Business’.

The Statesman | May 05, 2014

India-LAC Investment Conclave launched

With a view to promoting economic engagement between India and Latin America & Caribbean (LAC) region, the government today announced the launch of the first-ever ‘India-LAC Investment Conclave’ on the theme ‘Let's Grow Together'.

Mr Amitabh Kant, secretary, department of industrial policy and promotion (DIPP), ministry of commerce and Industry, making the announcement, said the two-day conclave will be held in New Delhi on 16-17 October. It will be organised by FICCI with the support of DIPP. ‘Invest India’, which is a joint venture between FICCI and DIPP, will play a key role in this initiative.

The conclave aims to enhance business relations between India and LAC mainly by way of investments as conventional trade in goods has its challenges on account of distance, time zone difference and business culture.

While trade in commodities will continue due to their bulk nature and involvement of mega institutions, manufacturing and services can grow essentially by way of investments which will automatically lead to further trade growth too.

While addressing the curtain raiser, Mr Kant said: “The objective of this conclave should be to lay down a roadmap and agenda for our engagement with Latin America. We need to consider appropriate initiatives aimed at meeting the development, energy and food security needs of our region, new infrastructural linkages with enhanced connectivity and trade and investment facilitation that builds on the complementarities in our economic strengths.”

He pointed out: “India and the countries of LAC face some formidable challenges. The primary reason for low trade and investment is cited as long distances and complicated sea routes, resulting in high transportation and allied costs such as insurance.

There are no direct sea trade routes and shipments have to go through different ports.

PBD | May 14, 2013

Argentina aims to double trade with India to $4 billion

Argentina expects its trade with India to more than double to about $4 billion in the next five years.

During 2012-13, the bilateral trade between the two countries was estimated at about $1.8 billion.

“We expect that the bilateral trade between India and Argentina to more than double to USD 4 billion in the next five years from the current level as there is a huge untapped potential,” Province of San Luis (Argentina) Governor Claudio Poggi told a Ficci function here today.

He is heading a 60-member delegation, including businessmen and government officials, to India.

India exports to Argentina include chemicals, vehicles and auto parts, plastic products, machinery, garment and synthetic fibre, while imports comprise soyabean oil, sunflower oil, leather and wool.

Inviting Indian companies to invest in San Luis, Poggi said, “We welcome Indian companies to either have joint ventures or strategic partnership with our companies. The potential areas of investment include construction, solar energy, engineering and food processing.”

To further strengthen ties with India, Argentina recently inaugurated its first commercial, cultural and tourism office in Chennai.

“We have opened an office in Chennai because we are looking for a long-term bond with India. I feel in the medium to long-term there will be a considerable increase in trade and investment level,” Poggi added.

Business Standard | May 13, 2013

Argentina aims to double trade with India to $4 bn

Argentina expects its trade with India to more than double to about $4 billion in the next five years.

During 2012-13, the bilateral trade between the two countries was estimated at about $1.8 billion.

"We expect that the bilateral trade between India and Argentina to more than double to $4 billion in the next five years from the current level as there is a huge untapped potential," Province of San Luis (Argentina) Governor Claudio Poggi told a FICCI function here today.

He is heading a 60-member delegation, including businessmen and government officials, to India.

India exports to Argentina include chemicals, vehicles and auto parts, plastic products, machinery, garment and synthetic fibre, while imports comprise soyabean oil, sunflower oil, leather and wool.

Inviting Indian companies to invest in San Luis, Poggi said, "We welcome Indian companies to either have joint ventures or strategic partnership with our companies. The potential areas of investment include construction, solar energy, engineering and food processing."

To further strengthen ties with India, Argentina recently inaugurated its first commercial, cultural and tourism office in Chennai.

"We have opened an office in Chennai because we are looking for a long-term bond with India. I feel in the medium to long-term there will be a considerable increase in trade and investment level," Poggi added.

Latin America, Caribbean

FICCI's Engagement

Timeline

May, 2023

Industry Interaction with the Hon'ble Ms. Adriana Mira, Vice Minister, Ministry of Foreign Affairs, El Salvador

Feb, 2023

India-LAC Cooperation in Edu 4.0' Virtual Meeting and Exhibition

Jan, 2023

Visit of H.E. Ms. Erika Mouynes, Minister of Foreign Affairs, Panama & MoU signing with Panama Chamber of Commerce postponed

India - Suriname Business Meeting in Honour of H. E. Mr Chandrikapersad Santokhi, President of Suriname

India - Guyana Business Meeting in Honour of H.E. Dr. Mohamed Irfaan Ali, President of Guyana

Mar, 2022

Namaskar - Pacific Alliance 2022

Feb, 2022

Namaskar - Pacific Alliance 2022

Jan, 2022

India- LAC Cooperation in Ayurveda

Jul, 2021

India- LAC Cooperation in Edu 4.0

Jan, 2021

Curtain Raiser of Diplomacy Unplugged

Nov, 2020

Colombia as a Hub for the Americas: A Nearshoring strategy for Indian IT & ITES Companies

Sep, 2020

Namaskar Pacific Alliance Series: Deepening and Strengthening the bilateral trade investment scenario between India - Chile

Jun, 2020

Namaskar Pacific Alliance: India - Colombia Business Continuity: Challenges and Opportunities

Apr, 2020

Webinar on India-Brazil Post COVID-19 New reality: Opportunities and Challenges

Feb, 2020

Namaskar Pacific Alliance 2020 postponed

Jan, 2020

India-Brazil Business Forum

Nov, 2019

Interactive meeting with Mr. Upendra Singh Rawat, Ambassador Designate to Panama, Nicaragua and Costa Rica

Jul, 2019

Industry interaction on the trade and investment between India, Colombia and Ecuador

Jun, 2019

Industry Interaction on the India-LAC Trade & Investment

India- Brazil Pharmaceutical industry interaction

Apr, 2019

Training Programme for Commercial Representatives of Africa & Americas

Feb, 2019

Industry Consultation with Mr Shyamal Misra, Joint Secretary- FT LAC on issues and Challenges pertaining to LAC region

India-Argentina Business Forum

Oct, 2018

India Pavilion in Expo FIHAV

Meeting with Mr B S Mubarak, Indian Ambassador (Designate) to Guatemala

Sep, 2018

Interactive meeting with H E Mr. Luis Miguel Hincapie, Deputy Minister of Foreign Affairs of Panama

Jun, 2018

Interactive Meeting with Mr M S Kanyal, Indian Ambassador Designate to Suriname

May, 2018

India Pavilion at Hospitalar Brazil 2018

Apr, 2018

Meeting with Delegation of Sugar Board, Jamaica

Interactive B2B Session with the Argentina Business Delegation

Mar, 2018

Interactive Meeting with H E Mr Julio Enrique Dougherty, Vice Minister of Economy, Guatemala

India-Venezuela Business roundtable

Jan, 2018

Interaction with H E Mr. Carl Greenidge, Vice-President and Minister of Foreign Affairs and accompanying delegation from Guyana

India - Guyana Business Dialogue: Interaction with Mr. Carl B. Greenidge Vice-President and Minister of Foreign Affairs, Guyana

Dec, 2017

Interactive Meeting with High Level Delegation from Cuba

Nov, 2017

Seminar on "Benefits of the Trade Agreement between India and Peru: Opportunities in Trade and Investments"

Oct, 2017

Interactive Meeting with H E Ms Kamina Johnson Smith, Foreign Minister of Jamaica and Accompanying Delegation

May, 2017

FICCI Business Leaders' Delegation to Colombia and Ecuador

Mar, 2017

Interactive Meeting with H E Mr. Edgar Vasquez, Vice Minister of Foreign Trade of Peru

Oct, 2016

India Pavilion in EXPO CIHAC

Jul, 2016

FICCI Business Leaders' Delegation to Mexico

May, 2016

Signing of MOU with Lima Chamber of Commerce (LCC)

India Pavilion at the EXPOPLAST