It is the one country in the region that has kept China out and for India this is the best opportunity to become Paraguay’s strategic partner in the space sector, especially in an effort to boost its space program at a low cost.
Earlier this week, Yogeshwar Sangwan, India’s first envoy to the South American nation of Paraguay, presented his credentials to that country’s President Mario Abdo Benítez. This has now opened the door for Indian companies to explore opportunities in that country in various sectors including defense exports, security solutions, agriculture, IT, space cooperation and more.
It is the one country in the region that has kept China out and for India this is the best opportunity to become Paraguay’s strategic partner in the space sector, especially in an effort to boost its space program at a low cost.
An official statement from Paraguay’s Foreign Ministry said Paraguay now has a fully indigenous mission, a reflection of the “level of the current level of the two countries and their mutual desire to further strengthen existing ties”. , The ceremony took place at the Government Palace in Asuncion, where President Mario Abdo Benítez, National Chancellor, Dr. Euclid’s Acevedo was present.
Both India and Paraguay are working towards deeper cooperation in various sectors including high technology, industrial and commercial sectors, pharmaceuticals, health care and others. This is the first time that India has opened a full-fledged mission in that country, before it had an accompanying ambassador.
According to Fleming Raul Duarte, Ambassador of Paraguay to India, both Paraguay and India are exploring new areas of cooperation, such as hydroelectric power, 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.
The Paraguayan envoy said that training in the areas of cyber security and defence, as well as the use of communication and information technology, will help open up more opportunities for the youth of his country.
During the COVID-19 pandemic, Paraguay through the Ministry of External Affairs (MEA) requested the adoption of various applications to combat the pandemic. He plans to eventually adapt and adapt within the framework of the India-Paraguay Scientific and Technological Cooperation.
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