This is a country in the region that has kept China out of its doors, and for India, this is India’s best chance to become a strategic partner of Paraguay in the space sector, especially in a bid to deliver its space program at a low cost.

Earlier this week, Yogeshwar Sangwan, India’s first envoy to the South American country of Paraguay, presented his credentials to President Mario Abdo Benitez of that country. This has now opened doors for Indian companies to explore opportunities in that country across a variety of sectors including defense exports, security solutions, agriculture, IT, space collaboration and many more.

This is a country in the region that has kept China out of its doors, and for India, this is India’s best chance to become a strategic partner of Paraguay in the space sector, especially in a bid to deliver its space program at a low cost.

Now there is a full-fledged Indian mission in Paraguay, reflecting the level of “attachment that both countries currently have and a mutual desire to further strengthen existing ties,” according to an official statement from the Paraguayan Ministry of Foreign Affairs. . The ceremony took place at the government palace in AsunciĆ³n, attended by President Mario Abdo Benitez, accompanied by the National Chancellor, Dr. Euclides Acevedo.

Both India and Paraguay have been working on deeper cooperation in various sectors including hi-tech, industrial and commercial sectors, pharmaceuticals, health and others. This is the first time India has opened a full-scale mission in that country, having previously had concurrent ambassadors.

According to Fleming Raul Duarte, Paraguay’s ambassador to India, both Paraguay and India are looking at new areas of cooperation such as hydropower, as the South American country is the world’s largest exporter of clean energy. It is also a member of the International Solar Alliance, an initiative led by India and France.

Capacity building in cybersecurity and defense as well as the use of communication and information technologies will help create more opportunities for the youth of his country, the Paraguayan envoy said.

During the COVID-19 pandemic, Paraguay has applied through the Ministry of Foreign Affairs (MEA) for the approval of several applications to fight the pandemic. It plans to eventually adapt and adapt within the framework of the scientific and technological cooperation between India and Paraguay.

This post India expands its presence in South America; Paraguay helping in space, security solutions and much more

was original published at “https://www.financialexpress.com/defence/india-expands-its-footprint-in-south-america-to-help-paraguay-in-space-security-solutions-and-much-more/2464133/”