Courtesy: BenjaminThompson/Flickr
According to the UN Economic Commission for Latin America and the Caribbean, the Latin American region is expected to grow at 3% in 2013. Although the growth appears modest, it is not bad given the GDP contraction in the Eurozone in the past two years and the lower growth rates in the rest of the world
Courtesy: WikimediaCommons
Today, despite Indian exports to Peru expected to cross the $ 1 billion mark in 2014, we are at a disadvantage vis-a-vis the exports from Peru's free trade agreement (FTA) partners. Why is it imperative for New Delhi to initiate negotiations with Lima and address the disadvantages of our exporters to their markets?
Courtesy: Aditya Birla Group/Wikimedia Commons
The Aditya Birla Group has emerged as the Indian company with the largest annual business turnover in Latin America. Having made significant investments in the manufacture of aluminium, carbon black and viscose yarn, the Group is now exploring newer areas for investment
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In 'India-Latin America Engagements', the Latin America Desk at Gateway House presents a selection of news of India’s engagement with the region during the previous month
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In 'Latin America Update' Gateway House lists some of the important events in Latin America over the past month
Courtesy: Alain Bachellier & WEF/Flickr
Jindal’s integrated mining and steel project in Bolivia was the largest contract secured by an Indian company in Latin America. The project, which ultimately became a victim of the country's domestic politics, has lessons for Indian companies venturing into Latin America
Courtesy: El Mercurio Aguilar
Ambassador Jorge Heine's latest book, La Nueva India, gives a comprehensive overview of India after the economic liberalisation of 1991, and explores how Latin America can learn from India's experiences.
Ambassador R. Vishwanathan blogs about the current trajectory of the Mexican economy, and explains why it's likely that Mexican-made products will overtake Chinese-made products in the U.S. market, by 2018.
Ambassador Viswanathan, an expert on Latin America, blogs about the Venezuelan elections, which saw a high turnout, free and fair elections, and Hugo Chavez re-elected as President. It is evident though, that Chavez’s model has reached its peak and is steadily and irreversibly losing appeal in the region.
Courtesy: Juan Alberto Pérez/Flickr
While the ouster of Paraguay’s president is a setback to the young democracy of the country, it shouldn’t be viewed as a repeat of Latin America’s history of coup d’états. The painful process of democratic maturity will continue, albeit slowly.
