PROSPECT FOR COOPERATION BETWEEN LAC AND INDIA

LAC countries actively participate in regional associations such as BRICS, BASIC, G-20, IBSA, etc. These associations offer great potential as knowledge-sharing platforms, enabling the exchange of resources and information to address common issues across sectors.

- Chitrika Grover

In particular, they can play a crucial role in tackling related energy security and sustainability challenges.

Latin America has made significant strides in the global automobile sector, accounting for one-third of global exports. Moreover, it has emerged as a sought-after importer for the Indian automobile industry. This promising development paves the way for exploring partnerships and mutual interests between Latin America and India in various sectors, including renewable energy, infrastructure, manufacturing, trade, and investment.

Through important forums with Latin America, India, and some LAC countries have already engaged in collaborative efforts to address major issues of mutual concern. These initiatives signify the growing potential for fruitful cooperation between the two regions.

Co-operation through Collaboration