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