Slowing growth in Latin America and the Caribbean comes at a time of "restrictive monetary policies, greater limitations on fiscal spending and lower levels of consumption and investment," ECLAC said in a statement. The U.N. body pointed to the deterioration of external factors like the war in Ukraine as affecting the projections for the region.
Earlier when Jaishankar met the outgoing Chinese envoy to India Sun Weidong in October, emphasized that peace and tranquillity in the border areas are essential to maintaining bilateral ties.