The South-South cooperation will lead to more interaction between the people of India and Brazil, said Mr. Ravi Thapar, Joint Secretary – LAC, Ministry of External Affairs, Government of India.
Governments of both the countries have created a conducive environment and private companies should exploit the opportunity, he said. Indian industry should look forward to abundant tangible and fascinating opportunities with Brazil, said Mr. Thapar.
It is important to create good conditions and favourable environment for the development of bi-lateral trade between India and Brazil, said Mr. Jose Ricardo, INDBRASIL, Brazil. He said that improved connectivity will lead to better understanding between the two countries.
Mr. M A Pathan, Immediate Past Chairman, CII Gulf Council, said that Indian industry has identified Brazil as a focus country.
He said that Indo-Brazil trade opportunities can be explored in pharmaceuticals, aeronauticals, infrastructure, biotech, healthcare, engineering, processed food, automobile components, chemical and leather product sectors.
Announcing the Second India-Latin America and Caribbean Conclave 2007, Mr. Pathan said that CII is organising the Conclave in cooperation with the Indian Embassy in Brazil, Indian Consulate in Sao Paulo and CII's partners in Brazil, Latin America and the Caribbean.
The conclave promises to bring together business participants from India, Latin America and the Caribbean region, to discuss business opportunities and joint projects for both trade and investment, he said.
Confederation of Indian Industry
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