The 10th CII India-LAC Business Conclave with the theme of “Advancing Economic Alliances for Collaborative Growth” is being organized in partnership with the Ministry of Commerce & Industry and Ministry of External Affairs, Government of India.
“ Our business creativity, the demand in each economy, especially the growing middle class demand, and the competitive capabilities that we both have can truly create great synergies. ”
“ The Latin American and Caribbean countries working together with India can become a force multiplier, a force for Global Good. ”
“ If India prospers, India wants everybody else to prosper because that is the principle we live by. Vasudeva Kodambakkam not just a sentence. It is the very basis of our cultural existence. ”
“ There is huge importance of India in the global value chain which is diversifying and therefore we are looking at the LAC region in terms of the FTA model that we can adopt. ”
“ Venezuela has been suffering from sanctions from a long period of time and it is time for them to be lifted. Special emphasis should also be laid on conducting trade in local currency to enhance monetary synergies. ”
“ We have a fervent desire to foster collaboration with Indian IT companies, harnessing the power of digital technologies like AI to enrich the educational experiences of women and children. My emphasis lies on Venezuela's ambitious national digital initiatives, and I request India’s support in advancing our youth skill development through open-source software projects. ”
“ The India-LAC trade basket has been expanded with proactive measures. This has reduced the excess dependence on export of traditional commodities.
“ Ensuring food security along with expanding industrial capacities is the need of the hour. On the same, India can aid Bolivia in reconstructing its economy by bolstering our agriculture and industrial sectors. ”
“ In this time of emerging awareness around climate change, it is imperative for capable countries to come together and share their best practices of establishing resilience against climate change. ”
“ It is of utmost importance that in these times of geopolitical tensions, both India and the LAC region must focus on ensuring food and energy security. Guyana is especially looking towards India to seek supervision in developing the healthcare, IT and security systems. ”
“ A strong emphasis must be laid on the need to collaborate to develop resilient supply chains to curb fluctuations caused by global health emergencies like the pandemic and geopolitical tensions. ”
“ I would like to underscore the strategic position of Honduras and emphasise India's capacity to assist us in the expansion of crucial programmes covering education, healthcare, food security, and energy security initiatives. ”
“ We should stress the immediate need to transition from discussions to concrete actions. In this regard, I wish to highlight three critical areas for potential collaboration: intra-regional shipping and related logistics, medical trade, and technology transfers. ”
“ I must emphasize the paramount importance of establishing robust energy supply chains and efficient storage facilities to optimize energy utilization and catalyse our efforts in exploring green energy solutions. ”
“ I wish to highlight the critical sectors that demand our immediate attention in both India and the Latin American and Caribbean region – agriculture, climate change, renewable energy, and commerce and industry. Together, we can tackle food security challenges, reduce import dependence, and bolster local capacity within the agriculture sector. ”
“ Nuevo Loen is the best place to invest. As an example, three big Indian technological companies TATA, Infosys and HCL are investing in Nuevo Leon. I want to invite investors to visit us and I'm sure you will invest very soon and multiply your money. ”
“ There is a need for both regions to partner in ensuring food and energy security. These are pillars of prosperity as food and nutrition would create a healthy workforce and alternative energy sources would present the nations with a sustainable growth path. ”
“ Guatemala has built for itself a resilient economy and ensured interconnectedness with the rest of Central America. I invite Indian investors to tap into this opportunity of expanding markets to LAC through Guatemala. ”
“ India and LAC can better address food security concerns through combined solutions. I believe one of the most effective solutions to address food security concerns among our nations can be to integrate Peru’s superfood production with food distribution programmes in India. ”
“ Venezuela had been steadfast in its economic recovery. Currently, in an effort to attract investments, we are providing special incentives to investors and Indian business can explore the same. ”
“ Key export items to India, including seafood, agricultural products, chemicals, forestry products, and metals like iron and steel, highlight the existing diverse trade relationship between our two nations. We would be glad to further extend the trade basket. ”
“ I am pleased to reaffirm our unwavering commitment to advancing sustainable development in Latin America and the Caribbean. We recognise the immense potential inherent in the region's strategic location and the array of free trade agreements it boasts. ”