Indian PM holds talks on sidelines of G7 Summit in Germany
Indian Prime minister Narendra Modi has met with Argentina President Alberto Fernandez on the sidelines of the G7 Summit in Munich.
The two leaders held talks on bilateral relations between the two countries.
Notably, the multifaceted relations between two countries encompass political, economic, cultural, scientific and technological cooperation.
India opened a trade commission in Buenos Aires in 1943, which was later converted into one of the first embassies of India in South America in 1949. The relations between the two countries elevated to a strategic partnership in Feb 2019.
India was ranked as the fourth largest trading partner of Argentina in 2021 worth USD 5.7 billion.
With established operations in Argentina, several Indian Companies have a total investment of over USD 1 billion in the country. While Argentina's investment in India stands at about USD 120 million.
About 2,600 Non-resident Indians (NRIs) and Persons of Indian Origin (PIOs) reside in Argentina including professionals working with Indian and multinational corporations.
Later, PM Modi will hold meetings with the President of South Africa Cyril Ramaphosa, Chancellor of Germany Olaf Scholz, and President of Indonesia Joko Widodo (in that order).
The meetings with SA President, the German Chancellor and the Indonesian President are scheduled at 14:15 PM, 14:40 PM and 15:00 PM respectively. Post the meetings, there will be a working session at 15:30 PM on the topic - "stronger together: Addressing Food Security and Advancing Gender Equality."
Afterwards, there will be a meeting of Prime Minister Modi with the President of the European Union Commission Ursula von der Leyen at 17:15 PM and the Prime Minister of Canada Justin Trudeau at 17:50 PM.