'Look at Panama to Re-ex­port to the Rest of the Re­gion and to Other Con­ti­nents': Luis Miguel Hin­capie

FICCI Business Digest - - Contents -

On the occasion of the visit of Luis Miguel Hin­capie, Deputy Min­is­ter of For­eign Af­fairs of Panama and the com­pa­ny­ing del­e­ga­tion to In­dia, FICCI or­gan­ised an in­ter­ac­tive ses­sion with Luis Miguel Hin­capie on 12 Septem­ber 2018 in New Delhi.

Man­ish Sing­hal, Deputy Sec­re­tary Gen­eral, FICCI, said, 'In­dia-Panama trade bas­ket can ex­pand through the ad­di­tion of new and po­ten­tial ar­eas like science, tech­nol­ogy and tourism.' He also men­tioned, 'There is im­mense scope for the In­dian com­pa­nies for in­vest­ments in Panama, es­pe­cially in in­fra­struc­ture and man­u­fac­tur­ing sec­tors.'

D Cha­ran­dasi, Di­rec­tor, Min­istry of Ex­ter­nal Af­fairs, stated, 'There is tremen­dous scope for in­ten­si­fy­ing our trade and in­vest­ment and we look for­ward to greater in­volve­ment of gov­ern­ment and busi­nesses.'

Shya­mal Misra, Joint Sec­re­tary, Min­istry of Com­merce & In­dus­try, Gov­ern­ment of In­dia, men­tioned, 'There has been a def­i­nite up­swing in our bi­lat­eral re­la­tions and we want more business and trade in phar­ma­ceu­ti­cals as not only ex­ports but also re­dis­tri­bu­tion within the re­gion. In­dian IT & ITES ex­per­tise can be ex­ploited to de­liver ser­vices, such as telemedicine, telecom­mu­ni­ca­tions in Panama.'

Luis Miguel Hin­capie said, 'We're con­nected to all parts of the world and no other Latin Amer­i­can na­tion is as well-con­nected as Panama.' While invit­ing In­dian com­pa­nies to Panama, he added, 'Look at Panama to re-ex­port to the rest of the re­gion and to other con­ti­nents.'

Sing­hal men­tioned that In­dian in­vest­ments over­seas have in­creased ex­ten­sively in the last decade. He hoped that the meet­ings would pave the way for in­creased bi­lat­eral co­op­er­a­tion be­tween the busi­nesses of both the na­tions.

Luis Miguel Hin­capie, Deputy Min­is­ter of For­eign Af­fairs of Panama, be­ing wel­comed by Man­ish Sing­hal, Deputy Sec­re­tary Gen­eral, FICCI.

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