Prime Minister Narendra Modi met Paraguay President Santiago Penna Palasios, who is on a three -day visit to India to detect ways to review bilateral relations and explore overall cooperation. The two leaders met at Hyderabad House in New Delhi. Earlier, President Palasios laid a wreath at the tomb of Mahatma Gandhi at Rajghat. The journey is part of his three -day visit to India, which will end on 4 June.
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Prime Minister Modi will organize lunch
Prime Minister Modi will organize lunch in honor of the leader on the visit. President Draupadi Murmu will meet President Pena and organize a banquet in his honor. The Ministry of External Affairs said in a statement that Vice President Jagdeep Dhankhar and External Affairs Minister S Jaishankar will meet the President on a visit. The Ministry of External Affairs said that the upcoming state travel of President Pena will provide an opportunity to leaders to discuss regional and international issues of mutual interests along with extensive review of bilateral relations. In Mumbai, President Pena will meet the state’s political leadership, business and industry representatives, startups, innovators and technical leaders.
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Why is the meeting important?
Paraguay is an important trading partner for India in the Latin American region. Many Indian companies in the automobile and pharmaceutical sector are present in Paraguay, and some Paraguay companies, mainly through joint venture institutions, are present in India. According to the Ministry of External Affairs, India and Paraguay established diplomatic relations on 13 September 1961, developing sweet and friendly relations between the two countries. Both countries have developed cooperation in various fields including trade, agriculture, health, pharmaceuticals and information technology. The Ministry of External Affairs said that the two countries share similar views on various international issues including United Nations reforms, climate change, renewable energy and terrorism.