Luis Alberto Moreno, president of the Inter-American Development Bank, is arriving in India tomorrow to take part of a series of events and meetings to promote greater trade and integration between India and Latin America and the Caribbean.
Moreno will speak about how South-South trade can open new markets for developing nations and contribute to economic development during the World Economic Forum in New Delhi on November 15th. In addition, he will be holding bilateral talks with key government officials as well as academics and businessmen in New Delhi and Mumbai.
Moreno will also talk about the need for greater integration between India and Latin America during events to present the IDB book “India: Latin America’s Next Big Thing?” in both Delhi and Mumbai, on November 16th and 17th, respectively.
The report looks into recent development and economic trends in India and their possible impact for Latin America and the Caribbean. The book calls for a reduction of trade barriers and costs between the two regions and for greater cooperation in several types of industries and areas, including business models that provide goods and services for low-income consumers as well as policies that promote more inclusive development, especially in education and social protection programs.
The New Delhi seminar has been co-organized by the IDB in partnership with the Global Development Network (GDN) and the National Council for Applied Economic Research (NCAER) while the the Confederation of Indian Industry (CII) is co-organizing the presentation in Mumbai.