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About 1,000 meetings between entrepreneurs, the signing of an ambitious 48-point agreement, the commercial opening of new products, investment proposals and the decision to convert it into "Strategic relationship" the link between India and Argentina. In this context, Mauricio Macri He closed his Hindu tour today and is now heading to Vietnam.
"We see India as a partner for the future, which is why this visit accompanies me. an important mission of small and medium enterprises representing 11 provinces of Argentinasaid Macri at the Argentina – India Business Forum in Mumbai.
The president stressed his belief that "in a world with many challenges, if we work together, the possibilities for the future will be enormous". "Therefore, I want to invite you to be part of this way of integration and deep connection between our countries"added the head of state at the meeting held at the Taj Mahal hotel in Mumbai.
Macri exulted for the result of his visit and the response of Hindu entrepreneurs. "We have excellent relations with India and share the enthusiasm to strengthen economic ties in areas of common interest". In this context, invites Indian entrepreneurs to invest in Argentina.
President and Prime Minister Narendra Modi After a visit to New Delhi, they ended their meetings in the giant Mumbai. The Argentinian delegation was very optimistic about the business and the open investment after this official visit to India.
"The visit went very well not only from the commercial point of view and the opening of new markets for Argentina or concrete opportunities for investment in our country, but of From a political point of view, it was decided to move to a strategic relationship, "he explained. Infobae Daniel Chuburu, Argentina's ambbadador to India, after firing Macri and the delegation.
In Mumbai, a seminar on agricultural cooperation opened the possibility of increasing the supply of agricultural products from Argentina, which is now almost exclusively 95% monopolized for soybean or soy oil. So, opened the possibility of selling 1.3 billion lemons, eggs, blueberries, wheat and citrus, a gigantic market in need of all these products and others.
In the declaration signed by Modi and Macri, the path was open for sectors with more sophisticated technologies and in particular for sensitive sectors. In fact, in the field of defense, an Indian delegation will come to Argentina in March to explore areas of cooperation, the nuclear sector, space, satellites and radars. There is a prior agreement with INVAP for the provision of radars.
Among the forums that took place in New Delhi and Mumbai, 80 Argentine businessmen who traveled had 1,000 meetings with their peers from India. This gives an account of the size of the markets that open up.
In one of the important sectors is the mining sector, especially in the advanced lithium mining in investment agreements in Argentina very important. A consortium of states in charge of the purchase of minerals has for mission to advance the establishment of a factory in Salta and Jujuy for the exploitation of lithium with private companies.
"The meetings with CEOs of Indian companies have been very good and we hope that good business will come out," said Ambbadador Chuburu.
For example, Tenaris, a producer of steel tubes for the oil industry and pipelines, has been historically present in the Indian market since the 1990s. Recently, the Oil and Natural Gas Corporation (CGSB) (the first state oil company in India) 70% of Indian crude oil, with more than 32,000 employees) began to demand tighter technical specifications for very complex projects and limited imports of pipes from China entered under conditions of unfair competition to take products from Argentina.
During political meetings, the India-China relationship has been defined as a "strategic relationship", a topic that will politically help Macri to better partner with a major partner at the global level. Thus, Macri said that the meeting with Modi "had been very productive" and stressed that the fact that the Indian Prime Minister has met five times in recent years "testifies not only to a chemistry, but to l & # 39; 39, the affection that exists between our peoples and the same vision we share about the enormous common potential ".
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