CHENNAI: Issue of visa even before you finish your coffee and doubling trade between India and Latin American Countries in general, and with Argentina in particular, will be the agenda of Ambassador-Designate to Argentina R. Viswanathan.
Speaking at a seminar on “Latin America–Business and Investment Opportunities,” organised here on Tuesday by the Engineering Export Promotion Council, Mr. Viswanathan said: “The trade between India and the Latin American Countries is $9 billion, and the investment in Argentina by Indian firms is $8 billion. By 2010-2011, we would like this to double to $20 billion and $15 billion respectively.”
Later, talking to The Hindu, Mr. Viswanathan said he was trying to help Indian businessmen increase the Indo-Argentina bilateral trade from $1.2 billion in 2006 to $3 billion in the next three years.
In Argentina, he wanted to replicate ‘coffee with visa’ concept for business visitors he introduced in Venezuela. Besides, an Indian trade fair would be held from March 26 to 29, 2008, to help Indian companies. Over 200 Indian firms would take part in the fair, and the focus would be on agriculture, information technology, chemicals, and pharmaceuticals.
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