Opportunity for Jamaica to Benefit from India’s Interest in Latin America

• High Commissioner of India, His Excellency Mayank Joshi, says Jamaica must prepare to explore opportunities and identify ways to benefit from India’s increased interest in the Latin American Region.
• He noted that trade between India and Latin America has increased to some $50Bn and the India Government envisions that this will reach $100Bn by 2028. Jamaica’s location can provide Indian businesses with access to markets in Latin America and the Caribbean.
• “For a start, the focus can be capacity building, education, health care, digital technology, hospitality management and renewable energy. Let us work together and see how we can make the most benefit out of this opportunity,” he said. High Commissioner Joshi said the strong relationship between Jamaica and India serves as a solid foundation for mutually beneficial trade, investment and economic partnerships.
• Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, who spoke at the event, said the recent visit to India by Prime Minister, Dr. the Most Hon. Andrew Holness, has opened doors for future collaboration in vital sectors, such as trade, technology, education and tourism.

(Source: JIS)