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Post Info TOPIC: India and Latin America: a new perception and a new partnership


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India and Latin America: a new perception and a new partnership

Hello Guys,

Over the past two decades, both India and Latin America have undergone fundamental transformations and are moving forward in a stable and predictable trajectory of growth and prosperity. There is a positive change in the perceptions that the new India and the new Latin America have of each other, discovering complementarities and synergies between their respective markets and mindsets. The entry of the Indian information technology (IT) and pharmaceutical sectors into Latin America, in addition to their investment models, have inspired confidence among Latin Americans who are apprehensive about an inflow of both Chinese goods and immigrants. India perceives Latin America as a long term contributor to its energy and food security, while India offers a large and growing market for Latin American businesses, which need to exploit this potential more seriously. India and Latin America share many similar developmental problems and could learn from each other’s success stories. The governments on both sides of the Pacific have intensified their engagement and cooperation in recent years. The positive mutual perceptions of youth, business and government on both sides augur well for a long term Indo-Latin American partnership. Spain, with its special links to Latin America, has the potential to play a role and be a winner from this trilateral partnership.




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