Financial Express - India

Ambassador of India to Argentina, Dinesh Bhatia attended the meeting, along with the Charge d’Affaires of the Embassy of Argentina in India, Martin Via.

It is in this context, Argentina is focused on refreshing the attraction of investments in their productive conventional and unconventional hydrocarbon basins, after the country has overcome the issues related to the pandemic.

In 2019, during Argentine President Mauricio Macri's state visit to Delhi, the two countries agreed to boost cooperation in the nuclear energy sector with the signing of an MoU.

India’s exports reached 13182 million dollars in 2019-20 (April-March) from 10 billion in 2015-16, according to the figures just released by the Ministry of Commerce, India.

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Sources have confirmed that Argentina is one among other countries from where India is considering buying these testing kits as it will help in mass testing and is good for out patients.

Sources have confirmed to Financial Express Online “We are aware of the differences between the members of the grouping. However, this has not been conveyed to us officially. Before the global lockdown due to COVID-19, efforts were made to set a date for negotiations. There has been no response so far.”

Undoubtedly, Indian markets will still be lucrative (owing to rising middle class), but the gap will be truncated significantly.

“We understand that India has given Brazil the biggest recognition by having our president as the chief guest at the Republic Day Celebrations. And this invitation is also a validation of the recognition India gives to the LatAm region. It is very clear that Brazil is a priority for India,” the envoy said.