CII organizes Latin American and Caribbean investment seminar

by Dave


The Confederation of Indian Industry (CII) organized a daylong seminar on 13 March where 10 heads of missions and top officials from the Latin American and Caribbean Countries represented in India, made presentations on opportunities in doing business with their countries.

The ambassadors and embassy officials included, Ernesto Carlos Alvarez, Ambassador, Republic of Argentina; Urvashi Ramnarine, Deputy High Commissioner, Trinidad & Tobago; Miguel Angel Ramirez Ramos, Ambassador, Cuba; Soraya Caro, Legal Counsellor, Embassy of Columbia; Alberto Jose Pinzon Mata, Ambassador, Panama, Alfonso Silva, Ambassador, Republic of Chile; K Baijnath, Ambassador, Republic of Suriname; Carlos Abad, Ambassador, Ecuador; Rogelio Granguillhome, Ambassador, Mexico and Hans Dannenberg Castellanos, Ambassador Dominican republic.

While trade with these countries had grown from $3 billion in 2005 to almost $7 billion in the current financial year, the imports from the region too have seen a similar rise. The need of the hour is to use this complementary potential in a mutually beneficial manner.

Indian companie can building manufacturing capacity to the LAC region to serve those markets, as well as to use countries like Chile and Peru as a springboard, with their FTAs, to export to the US.