Latin America Update, November 2013
In 'Latin America Update' Gateway House lists some of the important events in Latin America over the past month
In 'Latin America Update' Gateway House lists some of the important events in Latin America over the past month
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?
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
In 'Latin America Update' Gateway House lists some of the important events in Latin America over the past month
India seems to be treading down the path of fruitless populism that crippled many countries in the past, most notably in Latin America. But like Latin America, India too can embark on a course-correction by implementing pragmatic economic policies alongside progressive but results-driven social spending.
The past decade has seen a significant rise in trade and investment flows between India and the Latin American and Caribbean (LAC) region. With an international system in flux, it is time for India and LAC to work together to shape a global order that better reflects current economic realities.
Although India’s trade with Latin America has increased considerably, there is still much potential to be exploited. India’s should adopt an aggressive market oriented strategy by identifying local partners wherever possible to enable Indian companies to penetrate the region.
Latin America is witnessing an exponential rise in regional integration of business houses. The resource-rich nature of most Latin American economies has led to an inward concentration of investment, which makes it an extremely interesting prospect for Indian investors.