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Organized
a programme in April 2003 built
around the launch of a new publication
"Indo-LAC Business"
which focuses on doing business
with Latin America and Caribbean
(LAC) region.
Indo-LAC Business, a quarterly
news magazine of New Media Communications,
was released by Dr.V.S.Gopalkrishnan,
Director General, World Trade
Centre. |
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The bilingual (English and Spanish)
magazine provides enhanced information
about business opportunities in
the region and would serve as
a useful reference to the Indian
business enterprises seeking to
expand trade with the countries
of Latin America and Caribbean
region.
The LAC region presents significant
business opportunities for Indian
companies, both way of trade and
investment. Considering the potential
that the region offers, an integrated
programme called "Focus LAC"
was launched by the Ministry of
Commerce and Industry.
Exim Bank has also taken several
initiatives to support such activities,
which invest well with Government
of India's "Focus LAC"
programme. To enhance bilateral
trade and commercial relations
with the region, Exim Bank has
extended Lines of Credit of USS
10 mn each to Banco Bradesco,
Brazil, Banco de Comercio Exterior
de Colombia (Bancoldex), Colombia;
Corporation Andina de Fomento
(CAF) ; Banco Industrial de Venezuela,
Venezuela; Banco National Comercio
Exterior S.N.C (Bancomext), Mexico;
and Central American Bank for
Economic Integration (CABEI) to
promote Indian exports to the
region. The lines of credit seek
to expand exports of product groups
identified as those with potential
to increase trade between the
two regions.
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