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Guatemala to strengthen ties with India

Economic Times, India

Guatemala to strengthen ties with India

TIMES NEWS NETWORK

4 May 2005

NEW DELHI: Guatemala has expressed keen desire to expand economic ties with India, and has said that the Government was working towards easing visa procedures to facilitate the visits of Indian businessmen and tourists.

The visiting Guatemalan Minister of External Relations, Mr Jorge Briz Abularach said, “some of the problems regarding the delay in issue of visa would be sorted out soon.” He was addressing an interactive business meeting, organised by the Confederation of Indian Industry (CII), here on Thursday.

Inviting Indian businessmen to invest, the visiting Minister said that Guatemala was a country of “big opportunities,” since it was the gateway to Latin and Central America. He told participants that Guatemala had Free Trade Agreements with Canada, Columbia, Mexico, and was in the process of finalising FTA with the USA.

He invited Indian industry and businesses to explore opportunities in the pharmaceutical sector and in generation of electricity. The minister also stressed that Guatemala was keen to increase their export basket to India.


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