India s External Affairs Minister S Jaishankar has suggested deeper engagement between India and Latin America and the Caribbean (LAC) in the areas of agriculture, supply chain diversification, and resource partnership. He stated that the overall ties between India and the region have moved on a "new trajectory" in the last nine years.
Ahead of a key ministerial conference of the World Trade Organization (WTO) early next year, commerce and industry minister Piyush Goyal cautioned emerging markets, developing countries and the least developed countries of the developed countries “game of dividing” them to get agreements on fisheries and e-commerce moratorium that address the needs of a few countries only.
Jaishankar, who was speaking at the inaugural session of the 9th CII India-LAC Conclave, said the four key pillars of cooperation between India and the LAC region could be supply chain diversification, resource partnerships, sharing of developmental experiences, and addressing global challenges.
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