Warning: session_start(): open(/opt/alt/php72/var/lib/php/session/sess_24345147bf286f1065eb27876a0739ce, O_RDWR) failed: Disk quota exceeded (122) in /home/shweuqjw/awajludhianaki.org/wp-content/plugins/jnews-social-login/class.jnews-social-login.php on line 83

Warning: session_start(): Failed to read session data: files (path: /opt/alt/php72/var/lib/php/session) in /home/shweuqjw/awajludhianaki.org/wp-content/plugins/jnews-social-login/class.jnews-social-login.php on line 83
MoS in Guatemala and the Caribbean nations: Deeper defence and trade cooperation on the agenda - Awaj Ludhiana Ki
Saturday, June 7, 2025
  • Home
  • National
  • International
  • Movies
  • Technology
  • Business
  • Fitness
  • Lifestyle
  • Punjab
  • Contact us
No Result
View All Result
No Result
View All Result
Home Business

MoS in Guatemala and the Caribbean nations: Deeper defence and trade cooperation on the agenda

by author
July 4, 2021
in Business
0
MoS in Guatemala and the Caribbean nations: Deeper defence and trade cooperation on the agenda
0
SHARES
18
VIEWS
Share on FacebookShare on Twitter


According to the Ministry of External Affairs (MEA), the agenda in all the three countries besides meeting with his counterparts, he will also call on the top leaders of the three countries.According to the Ministry of External Affairs (MEA), the agenda in all the three countries besides meeting with his counterparts, he will also call on the top leaders of the three countries.

Enhancing bilateral defence and security cooperation, trade, and to boost investments, Minister of State (MoS), Ministry of External Affairs, V Muraleedharan is on his first ever visit to Central America and the Caribbean countries. The three nations visit from July 5-10, 2021, including Guatemala in Central America, and Caribbean nations – Jamaica and the Bahamas.

Related posts

EXCLUSIVE – Crypto giant Binance controlled ‘independent’ US affiliate’s bank accounts

EXCLUSIVE – Crypto giant Binance controlled ‘independent’ US affiliate’s bank accounts

June 5, 2023
Why investing just to save tax may be bad for you

Why investing just to save tax may be bad for you

June 5, 2023

In his weeklong visit to the region, the minister, accompanied by senior officials, is going to review the progress in India’s bilateral relations and to further deepen the multifaceted relationship with three countries including in SICA and the Caribbean Community (CARICOM).

According to the Ministry of External Affairs (MEA), the agenda in all the three countries besides meeting with his counterparts, he will also call on the top leaders of the three countries.

Guatemala

A top diplomat has confirmed to Financial Express Online that the minister’s agenda in Guatemala includes calling on President Alejandro Giammattei; Business Lunch; meeting with the minister of Economy and Business Heads; Interaction with Indian Community and also felicitating Yoga community.

This is the second top leader’s visit to the Central American nation. In May 2018, the Vice President M Venkaiah Naidu visited for the first time ever. The minister V Muraleedharan during his visit from July 5-6 will review the progress made on the agreements which were made during that visit.

He will also meet with the Guatemalan Minister of Economy, and the Heads of Chambers of Commerce & Industry of Guatemala. The focus of the meeting will be further enhancing bilateral trade which stands at USD 309.86 million and to identify sectors to boost investments.

A top diplomat has confirmed to Financial Express Online “Later this year, India-SICA meeting is expected to take place. And during his meeting with top leadership and his counterpart this will also be discussed. The Central American nation Guatemala is the current Pro-tempore President of the Central American Integration system (SICA). And India has already an established engagement mechanism in place.”

In May this year, during the second Foreign Office Consultations (FOC) with Guatemala the focus was on deepening cooperation in various sectors including Agriculture, Space, energy, education, Science and Technology, health and traditional medicine and tourism. Guatemala is keen on FDI in IT, manufacturing and pharmaceuticals.

And Financial Express Online had reported that during the FOC talks, cooperation in — Defence & Security, cooperation with CAABI, being part of OSA (Organization of American States) was also on the agenda. The two sides had also talked about the International Solar Alliance (ISA).

India has already offered training for the Civil Police and the Guatemalan government has also been briefed on the strengths of the Indian defence sector.

Cooperation in Defence Sector

MKU Company based in the UP Defence Industrial Corridor, is set to enter Guatemala with its body armours as well as other products. So far this is the only Indian company supplying in the region.

For the first time, Financial Express Online had talked about security solutions for the Central America Region which included using tools like Analytics and Predictive Policing, Personnel Training, and UAVs.

And “with robust ISR (Intelligence, Surveillance and Recce) information, it can be used in achieving the deterrence and help in deployment of armed Police Force optimally in the country, opined Milind Kulshreshtha, C4I expert.

Adding, “India has a major industry for advanced technologies which may provide solutions like UAVs and Artificial Intelligence which may be included with ease within the framework of C3I at a much lesser cost.”

Read Also | India should play a larger role in Central America’s development and can offer security solutions, say experts

Space is another sector where the government of that country has expressed its interest. “It is keen in Forest Fire Management Training as well as Remote Sensing Training as well as in Resource Mapping,” Ambassador of India to Guatemala, El Salvador and Honduras, BS Mubarak has confirmed to Financial Express Online.

The three countries which the minister is visiting are keen on getting India’s help in Waste Water Management.

SICA (Central American Integration system)

Both sides are very keen on having a SICA — Partial Free Trade Agreement. AS reported earlier, this agreement is going to be with the six Central American Nations which are under SICA. Since Guatemala is the current Pro-tempore President of SICA, the proposed agreement will be discussed with the member countries later this year. Both India and SICA Group of countries are working towards a Customs Union. And to implement this soon, certain steps need to be taken which are based on the requirements of the member countries.

The critical areas that are being considered include: Space Cooperation; Security; Aerospace; Agriculture; Food & Energy; Pharmaceuticals; MSMEs, and capacity building.

India-Guatemala Bilateral Trade

Both countries are exploring new sectors for expanding the trade basket, which is one of the most important pillars in the bilateral relations between the two countries.

Read Also | Indian IT companies look towards Guatemala: Envoy BS Mubarak

In the midst of the 2020 lockdown, Indian mission was the only one in the region which had set a record of sorts by holding virtual meetings and exhibitions of various sectors. This enabled the Indian businesses to showcase their products.

Jamaica

From July 7-8, the minister will be in Jamaica. This is according to the Ministry of External Affairs, in four years, will be the first visit by an Indian Minister to the Caribbean nation.

Topping the agenda is the inauguration of the bust of Mahatma Gandhi at May Pen city. He will also visit the Old Harbour Bay where the first Indians landed in Jamaica 175 years ago and interact with a wide cross-section of the Jamaican society including Indian community leaders as well as business leaders.

The Bahamas

This will be the first standalone high level visit from India to this Caribbean island. In addition to his official meetings, MoS during his visit from July 9-10 will be interacting with the Bahamian society of business leaders and Indian community members.

India and CARICOM

As reported earlier, engagement with these countries has been increased by India. In 2019, India had announced humanitarian aid of $ one million to the Bahamas when Hurricane Dorian had caused huge destruction to the island country.

In 2019, the first-ever India-Caribbean Island summit heads had taken place on the sidelines of the UNGA. The CARICOM member nations include: Grenada, Guyana, Haiti, Jamaica, Montserrat, Saint Kitts and Nevis, Trinidad and Tobago, Suriname, the Bahamas, Barbados, Belize, Dominica, Antigua and Barbuda, Saint Lucia, Saint Vincent and the Grenadines. Out of the 20 members, 15 are full members and the rest are associate members. These countries are home to a large population of the Indian Diaspora.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.





Source link

Previous Post

Congress has capacity to fight UP Assembly polls without alliance with SP or BSP: PCC chief | India News

Next Post

'Digital payments adoption among merchants, kiranas most effective through ‘A-B-C-D’ principle'

Related Posts

EXCLUSIVE – Crypto giant Binance controlled ‘independent’ US affiliate’s bank accounts
Business

EXCLUSIVE – Crypto giant Binance controlled ‘independent’ US affiliate’s bank accounts

June 5, 2023
Why investing just to save tax may be bad for you
Business

Why investing just to save tax may be bad for you

June 5, 2023
Share Market outlook today: Nifty, Bank Nifty may to gain on positive global cues; check support, resistance
Business

Share Market outlook today: Nifty, Bank Nifty may to gain on positive global cues; check support, resistance

June 5, 2023
Startup group of G20 calls for $1-trillion commitment
Business

Startup group of G20 calls for $1-trillion commitment

June 5, 2023
DHARAKSHA: Converting rice straw stubble to sustainable packaging material
Business

DHARAKSHA: Converting rice straw stubble to sustainable packaging material

June 4, 2023
Amrita Hospital, Kochi opens two new research centres; announces Rs 65 Crore for charitable care
Business

Amrita Hospital, Kochi opens two new research centres; announces Rs 65 Crore for charitable care

June 4, 2023
Next Post
‘Digital payments adoption among merchants, kiranas most effective through ‘A-B-C-D’ principle’

'Digital payments adoption among merchants, kiranas most effective through ‘A-B-C-D’ principle'

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Kosovo, the heartland of Serbia

Kosovo, the heartland of Serbia

2 years ago
MSME schemes 2020: What was announced, what was utilised, and what is needed in 2021

MSME schemes 2020: What was announced, what was utilised, and what is needed in 2021

4 years ago
CUET 2022: Central University Entrance Test can be given in THESE 13 languages, check details | India News

CUET 2022: Central University Entrance Test can be given in THESE 13 languages, check details | India News

3 years ago
Hyderpora killings: Omar Abdullah stages protest seeking return of bodies to families | India News

Hyderpora killings: Omar Abdullah stages protest seeking return of bodies to families | India News

4 years ago

BROWSE BY CATEGORIES

  • Animals
  • Architecture
  • Automobiles
  • Business
  • Culture
  • Fitness
  • International
  • Lifestyle
  • Movies
  • National
  • Sports
  • Technology
  • Travel

BROWSE BY TOPICS

Architecture culture Fitness indian architecture indian culture indian culture and heritage indian news lifestyle national news Technology technology news Travel travelling

About Us

Awaj Ludhiana Ki

Address

2667/3, Kishore Nagar, Tajpur & Jail Road, Ludhiana – 141008

Recent News

  • Chhal Kapat: The Deception trailer out: Shriya Pilgaonkar starrer Zee5 show to start streaming from June 6, watch : Bollywood News
  • Indian Navy Set To Induct First Anti-Submarine Shallow Water Warship ‘Arnala’ On June 18 | India News
  • Rahul Gandhi Claims Maharashtra-Like Poll Rigging Will Happen In Bihar; BJP Hits Back With ‘Fake Narrative’ Jibe | India News
  • China To Give Pakistan Most Advanced J-35A Stealth Fighter With 400-KM PL-17 Missiles; How Will India Counter The Threat? | World News
  • Rekha starrer Umrao Jaan gets 4K re-release in cinemas from June 27: “None of us could have imagined the timelessness of the film” : Bollywood News

Category

  • Animals
  • Architecture
  • Automobiles
  • Business
  • Culture
  • Fitness
  • International
  • Lifestyle
  • Movies
  • National
  • Sports
  • Technology
  • Travel

Search

No Result
View All Result

Email

contact@awajludhianaki.org

  • About
  • Advertise
  • Careers

Copyright © 2019 Awaj Ludhiana Ki or it's affiliates | Website by Awaj Ludhiana Ki Team

No Result
View All Result
  • Home
  • Contact us
  • Animals
  • Architecture
  • Automobiles
  • Business
  • Culture
  • Fashion
  • Fitness
  • Food
  • International
  • Lifestyle
  • Movies
  • National
  • Sports
  • Technology
  • Travel
  • Punjab

Copyright © 2019 Awaj Ludhiana Ki or it's affiliates | Website by Awaj Ludhiana Ki Team

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In