India-Argentina Bilateral Relations
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Political Relations

            India-Argentina relations are cordial and encompass political, economic, scientific and technological cooperation including Antarctic research and cultural cooperation. There are no outstanding disputes between India and Argentina.

            India opened a Trade Commission in Buenos Aires in 1943 and later converted it into an embassy in 1949. Argentina had established a consulate in Calcutta in the 1920s, which was transferred to Delhi as an embassy in 1950. Argentina opened a Consulate General office in Mumbai in April 2009. Mr. Sergio Lais-Suárez has been appointed Honorary Consul General of India in the Argentine province of Córdoba.

            The 4th India- Argentina Joint Commission Meeting (JCM) was held in New Delhi in June 2013. The 4th Foreign Office Consultation led by Shri Dinkar Khullar, Secretary (West) was held in April 2014.

Visits:

Important Visits from Argentina to India:

2009 Ms. Cristina Fernández de Kirchner, President

2013 Mr. Héctor Timmerman, Foreign Minister

2013 Mr. Francisco Perez, Governor of Province of Mendoza

2014 Mr. Antonio Bonfatti, Governor of Province of Santa Fe

2014 Dr Lino Barañao, Minister of Science and Technology

2014 Mr. Claudio Poggi, Governor of Province of San Luis

2014 Mr. Carlos Bianco, Deputy Foreign Minister

2015 Mr. Eduardo Zuain, Vice Foreign Minister

2015 Mr. Jorge Mayoral, Secretary, Mining

Important Visits from India to Argentina:

2010 Smt. Preneet Kaur

2013 Shri Salman Khurshid, EAM

2014 Shri Dinkar Khullar, Secretary (West), MEA

2014 Shri Santosh Gangwar, MoS (IC)

2014 Justice Swatantra Kumar, Chief of National Green Tribunal


Bilateral Agreements:

Framework Agreement on Cooperation in the Peaceful Uses of Outer Space.

2009

MOU between SEGEMAR of Argentina and Geological Survey of India.

2009

Programme of Cooperation in Science & Technology

2009

MOU on Sports Cooperation

2009

MOU  Trade Promotion

2009

MOU between INTI of Argentina and National Research Development  Council  Corporation, New Delhi

2009

Cooperation Agreement between the Argentine Council on Scientific and Technical Research [CONICET] and the Council for Scientific and Industrial Research of India (CSIR)

2009

Agreement on Providing 5-year Multiple Entry Free  Business visas 

2009

Agreement for cooperation in the Peaceful Uses of Nuclear Energy

2009

Agreement on Exchange of Information and Assistance on Tax Issues

2011

Customs Agreement

2011

MoU for Cooperation in Agriculture and Allied Sectors

2010

MoU for Cooperation in Agricultural Research and Education

2006

BIPPA Agreement

1999, effective from 2002

MOU on Antarctic Cooperation

1998

renewed in 2006

Agreement for Exemption of Visas for Holders of Diplomatic and Official  Passports

1994

MOU on Foreign Office Consultations

1994

Agreement on Technical and Scientific Cooperation

1985

Cultural Agreement

1974

Agreement for Waiver of Fee for Tourist and Transit visas

1968


Technical
Co-operation and Training:

       India gives ITEC scholarships to working professionals from Argentina every year. Argentine diplomats attend training courses in the Foreign Service Institute of India from time to time.

Support in Multilateral Fora:

       India and Argentina have always supported each other on major international issues as well as India´s candidature to various UN and multilateral bodies. Argentina has always expressed its gratitude, in particular, for India´s support to Argentina on, the sovereignty issue of Malvinas Islands and, recently on the issue of sovereign debt servicing and holdout creditors.

Commercial Relations

Bilateral Trade (US $ million):

Bilateral trade for the last 6 years is as follows:

Year

India´s Imports

Growth

India´s Exports

Growth

Total Trade

Growth

2010

2033

-

496

-

2529


2011

1214

-40%

561

13%

1174

-30%

2012

1264

4%

573

2%

1837

4%

2013

1105

-13%

695

21%

1801

-2%

2014

2032

84%

602

-13%

2633

46%

(Source: MERCOSURonline)

India´s Exports to Argentina:

       Major exports include organic chemicals, vehicles and auto-parts, lubricants, machinery, sound and image devices and garments, among others.

India´s Imports from Argentina:

       Major imports are soybean oil, petroleum, copper, sunflower oil, leather, wool, ferroalloys among others.

Investments, Joint Ventures and Business Delegations:

       Almost thirteen Indian Companies have established operations in Argentina with investment totaling to USD 930 million. Indian companies include TCS, CRISIL, Bajaj, Cellent, Cognizant Technologies, United Phosphorus Ltd (UPL), Sintesis Quimica, Glenmark, Godrej etc. Argentinian investment in India stands at US$ 120 million. TECHINT, which is one of the largest seamless steel tubes manufacturers in the world, has offices in Delhi employing about 200 people.

       ONGC (OVL) has signed a MoU with ENARSA, their Argentine counterpart for possible joint ventures in Argentina for oil exploration. Indian company, Sonalika Pvt. Ltd. has signed a joint venture with Argentine Company Apache of Santa Fe for manufacturing tractors and Indian Bajaj motorbikes has signed a joint venture with Corven Argentina to produce and sell motorbikes in the local market. During 2014, IMPLATEC Argentina developed a strategic alliance with the Indian company APPASAMY ASSOCIATES, a global leader in the ophthalmological market and both companies have inaugurated the first producing plant of intraocular lenses in Argentina with a manufacturing capacity of 20,000 lenses monthly. Halal India and Halal Argentina have started a joint venture for production and exportation of halal meat. Ishka Renewable Farms Private Lt from Kerala signed a joint venture with Cooperative Al Caparras to cultivate 1000 acres of capers in the next 10 years in the Argentine province of Santiago del Estero Argentina.

       Argentine Minister of Science, Technology and Innovative Production, Mr. Lino Barañao participated in the BIO ASIA in Hyderabad in Feb. 2014 and met his counterpart in Delhi. Governor of Santa Fe, Antonio Bonfatti led a Ministerial delegation for the BIOASIA 2014 International Fair in Hyderabad in Feb 2014 and had an interactive session with FICCI. He also called on Union Minister for Renewable Energy, Shri Farooq Abdullah. Mr. Hernan Lamberti, Secretary of Production of Almirante Brown, Province of Buenos Aires participated in the Buyer – Seller meet in Delhi from 12 to 22 Sept. 2014. They met representatives from various sectors such as jewellery, textiles, and videogames among others and interacted with IMC, FIEO, EPC etc. An Argentine delegation participated in the India-LAC Investment Conclave held on 7 and 8 October 2015 in New Delhi. They met several business houses and chambers of commerce in Delhi during their visit.

       Two export promotion council delegations from India, Chemexcil and Pharmexcil visited Argentina in February and September 2015 to organize B2B exhibitions in Buenos Aires.

Important Breakthroughs in India-Argentina Trade Relations:

  1. i. Amendment to Presidential decree allowing import of Indian pharma products into Argentina: Argentina finally addressed India´s concerns and agreed to include India in the Annexure II of Argentine Presidential Decree on Pharma imports in August 2014. India had been pursuing this issue for a long time and India´s inclusion will boost pharma exports from India to Argentina. It is noteworthy that no Presidential decree has been amended in the trade and health sector by Argentina since the last 15 years.

  2. ii. India´s permit to imports of Argentine apples, pears and quinces: After successful resolution of phytosanitary issues between India and Argentina India has allowed the import of apples, pears and quinces from Argentina.

Regional Action Plan:

       A unique Regional Action Plan was started in August 2012, to promote India´s commercial and economic interests in Argentina. Under the Plan, the provinces of San Juan, Cordoba, Mendoza, San Luis, Neuquen, Catamarca, Salta, Santa Fe, Entre Rios etc. have been covered in the last year and the Ambassador has addressed various business seminars and interacted with regional leaders of trade and industry, looking for prospects for boosting trade relations. Governors and business delegations from various provinces have visited India since the initiation of the plan.

       A Memorandum of Understanding was signed with the City Government of Tandil, Province of Buenos Aires in Dec. 2014 to harness the vast scale of complementarities offered by India and Argentina and to exchange information regularly on commerce, trade and technological cooperation.

Cultural Relations

       The Embassy has been organizing cultural programmes and visits of Indian troupes from time to time. In 2015 several Indian classical dancers visited and performed in various parts of Argentina and conducted workshops. In addition India weeks and days were organized in Lanus and Corrientes in 2015. Festivals celebrating Indian culture, dance and food have regularly been celebrated in the past in Argentine cities such as San Salvador de Jujuy, Almirante Brown, Tandil, Parana, Rio Cuarto and Buenos Aires.

       The First International Day of Yoga was celebrated on June 21, 2015 in all the 23 provinces of Argentina and the capital city of Buenos Aires, in collaboration with the provincial and municipal governments, as well as 72 Universities and 200 yoga schools.

       Among the 21 Indologists across countries who participated in the first World Indologists Conference in Delhi in 2015, Argentina´s 100 year old Indologist, Dr. Fernando Tola represented Argentina. Professor Carlos Moneta a renowned Argentine academic visited India under Indian Council of Cultural Relation´s Academic Visitors Programme.

       Four Argentine films participated in the International Film Festival of India, 2015. India tourism promotion activities were held in the capital city and provinces of Argentina in collaboration with India Tourism Office, New York.

Indian Community

       There are 888 Indians (401 with permanent residential status and 487 with temporary residential status). Most of the Indians live in the capital city of Buenos Aires, some having lived here for over thirty years. Most of these are from the Sindhi community. Others are professionals working with fifteen Indian companies and multinational corporations like TCS, Cognizant Technologies etc. About 300 Sikhs from Punjab have settled down in Salta province in the course of the early and mid-twentieth century. They have become Argentine citizens and are well assimilated in the local population. Most of them are in retail and wholesale trade.  The first generation immigrants speak Punjabi. There is a Gurudwara in the town Rosario de la Frontera, where they celebrate Guru Nanak Day every year. President Giani Zail Singh had visited the Gurudwara in 1984.


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January 07, 2016


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