According to External Affairs Minister S. Jaishankar, India is looking at the idea of setting up a logistics hub for Indian businesses in Panama as the Nation’s trade with Latin America is increasing and getting close to $ 50 billion.

On April 24, the Minister travelled from Guyana to Panama. He made a special greeting from Prime Minister Narendra Modi to President Nito Cortizo during the call.

His great resonance with PM Modi’s “Paanch Praan” demonstrates the strength of our ties to the Global South and our similar worldview. He provided valuable advice that will help our bilateral and multilateral collaboration advance, Mr. Jaishankar tweeted.

logistics hub

He provided valuable advice that will help our bilateral and multilateral collaboration advance, Mr. Jaishankar tweeted.

According to Mr. Cortizo, During their meetings, they talked about their goal to establish cooperation with the Indian Pharmaceutical industry in order to offer Panamanian citizens high-quality and affordable pharmaceutical medications.

We discuss the trade relation between Panama and India as well as the benefits that our nation provides for the development of new businesses. We also discuss the chances for collaborations and our desire to become a hub for technical innovation and excellence, Jaishankar tweeted

Mr. Jaishankar also spoke with Janaina Tewaney Mencomo, his counterpart, and they discussed ways to further their mutually beneficial partnership. Later, they spoke with the media.

logistics hub

The trade relation between Panama and India as well as the benefits that our nation provides for the development of new businesses.

In Panama, Mr. Jaishankar also interacted with National Civil Protection system Personnel of Indian descent. Following his visit to Panama, Jaishankar will go to Colombia, where he will meet with some of that Nation’s top officials and discuss bilateral relations with his colleague there, Alvaro Leyva Duran.

At the Monday commissioning of an Indian-made ferry that will improve connectivity, and give mobility and economic prospects in the country’s remote hinterlands, Mr. Jaishankar joined President of Guyana Irfaan Ali. As the minister of external affairs, Mr. Jaishankar is making his maiden trip to Gunaya, Panama, Colombia, and the Dominican Republic during this nine-day trip.