India-Paraguay Bilateral Relations
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Political Relations

        The Embassy of India in Buenos Aires, Argentina, is concurrently accredited to Paraguay. Mr. Rodolfo Javier Zuccolillo has been appointed as India’s Honorary Consul. Paraguay opened its Mission in India in 2005. Relations between India and Paraguay are cordial and friendly. There are no outstanding disputes between India and Paraguay.

        The first round of Foreign Office Consultations between the two countries was held in October 2010. Second round was held in Aug. 2015. Paraguayan delegation was led by its Vice Foreign Minister Mr. Oscar Cabello. Discussions on various issues including trade and investment, agriculture, tourism, technical cooperation, MERCOSUR and UNSC reforms were held.

        Earlier, in April 2015, Shri R. Swaminathan, Secretary for Americas, had visited Paraguay and called upon the Foreign Minister, Presidential Chief of Protocol, Agriculture and Industry Ministers of Paraguay to discuss a wide range of issues of bilateral co-operation with a special focus on promoting bilateral agro trade.

        The then President of Paraguay Mr. Fernando Lugo visited India in May 2012, accompanied by Ministers of Foreign Affairs, Agriculture and Animal Husbandry and Commerce, and senior officials. It was the first ever visit of the President of Paraguay to India and an opportunity to further renew engagement with Paraguay and to expand the mutually beneficial relations between the two friendly countries.

Visits:

Important Visits from Paraguay to India

2002 Mr. Jose Antonio Moreno Ruffinelli, Foreign Minister

2004 Mrs. Leila Rachid, Foreign Minister

2005 Mrs. Leila Rachid, Foreign Minister

2010 Parliamentary Delegation

2012 Mr. Fernando Lugo Mendez, President

2015 Mr. Oscar Cabello, Vice Foreign Minister


Important Visits from India to Paraguay

2002 Shri Digvijay Singh, MOS, MEA

2003 Shri Satyabrata Mookherjee, MOS, Ministry of Commerce & Industry

2012 Smt Meira Kumar, Speaker, Lok Sabha

2015 Shri R. Swaminathan, Secretary (Americas)

Bilateral Agreements:

Agreement on Exemption of Visa for holders of Diplomatic and Official passports – 1996

Technical Cooperation and Training:

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

Support in Multilateral Fora:

        India and Paraguay have always supported each other on major international issues as well as India´s candidature to various UN and multilateral bodies. Paraguay recently supported India´s candidature for elections to the UN Human Rights Council for the 2015-17 term.


Commercial Relations

Bilateral Trade (US$ in million):

Bilateral trade for the last 6 years is as follows:

 

Year

India´s Imports

Growth

India´s Exports

Growth

Total Trade

Growth

2010

72

-

60

-

132

-

2011

28

-60%

78

30%

107

-19%

2012

15

-48%

89

14%

104

-3%

2013

22

50%

100

12%

122

17%

2014

49

121%

113

13%

162

33%

(Source: MERCOSURonline)

India´s Exports to Paraguay:

        Organic chemicals, vehicles, auto parts, cosmetics, machinery, pharma, plastics, sound and image devices, aluminum, rubber products etc. are the major items of export.

India´s Imports from Paraguay:

        Major imports include soya oil (94% of imports) sunflower oil, leather and wood. Indian imports of soya and sunflower oil are expected to increase in the coming years, given the growing shortage of edible oil in India. Other imports: resins for cosmetics, ferroalloys and vegetal coal.

Investment, Joint Ventures and Business Delegations:

        A Pharmexcil delegation comprising of 40 Pharma companies (mainly producers of generic drugs and traditional / ayurvedic medicines) from India organized B2S meetings and met various government officials in Asuncion from 26 to 29 August 2015.

        Two business seminars on how to do business with India have been organised by the Mission in collaboration with the Paraguayan Ministry of External Affairs and Paraguayan National Chamber of Commerce in 2012 and 2013.

        An eight member CII delegation visited Paraguay during 23-26 September 2012 to explore opportunities for Indian business and investment in Paraguay. The delegation met Paraguayan Minister for Agriculture Mr. Enzo Cardozo, Minister for Tourism Ms. Liz Cnamer, Deputy Foreign Minister Mr. Manuel Maria Caceres, and Minister for Industry and Commerce Mr. Francisco Rivas in Asuncion.

        The Embassy organized a business seminar in Asuncion on 8 March 2010 during the visit of an EEPC delegation. Paraguayan Minister of Industries Mr. Don Francisco Rivas was the keynote speaker. The seminar contributed to the Paraguayan understanding of the Indian market and opportunities for business between the two countries.

        A joint venture plant, CARMENTA, between a Paraguayan firm, LML India and Alok Masterbatches has been set up in Paraguay in January 2013 to produce masterbatches (plastic industry). TCS is considering opening its operations in Paraguay shortly.

Cultural Relations

The Embassy organized a Festival of India in 2009 and 2010 in Asuncion and Ciudad del Este. The Paraguayan Tourism Minister was the Chief Guest at the Festival. The Embassy also organized a 5 days Food Festival of India in Paraguay in September 2013 and 10 days in November 2014 in collaboration with ITDC, Ministry of Tourism. The event was attended by many from the Paraguay Foreign Ministry and eminent local business persons. This year on 21 June the First International Day of Yoga was celebrated in Asuncion in collaboration with five yoga schools and Ministry of Sports of Paraguay.

Indian Community

        About 525 Indians live in Paraguay, mainly in Ciudad del Este, a city in the south-east of Paraguay on the border with Brazil and Argentina. These Indians are in trading, wholesale and retail business. Most of them are of Gujarati and Sindhi origin

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January 07, 2016


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