GTTCI organised and launched the India Uruguay Forum 2023

Ambassadors and diplomats along with guests joined the event at the Maple gold, Radisson Blue

GTTCI organised and launched the India Uruguay Forum 2023
GTTCI organised and launched the India Uruguay Forum 2023

New Delhi: Global Trade & Technology Council on 1st April 2023 in association with Embassy of Uruguay launched the India-Uruguay Forum at Maple Gold, Radisson Blue, New Delhi. The event was attended by exclusive members and guests of GTTCI. We were fortunate to have Ambassador of Uruguay HE Mr Alberto A Guani as our chief guest. The event was blessed by the presence HE DR Roger Gopaul, High commissioner of Trinidad and Tobago, Mr. Tsiory Randrianarivony, Counsellor - embassy of Madagascar, diplomats from South Korea and Navratan Aggarwal, director Bikanervala. The event was supported by collaborative efforts by BRO.

Uruguay is one of the more stable and transparent markets in Latin America with an investor friendly policy environment. Several Indian companies, including Reliance and Sakti pumps, use the bonded warehouse facilities of a Uruguayan company, GrupoRas, which is keen to provide the warehouse facility and extend marketing support to other Indian companies. The Central Warehousing Corporation of India had operations in Uruguay, which were eventually wound up.

Chemicals, garments, vehicles, sound and image devices, pharmaceuticals, iron and steel, synthetic yarn, equipment, and machinery are the chief exports to Uruguay by India. India´s Imports from Uruguay mainly include wool, leather, and timber. India also extends ITEC scholarships to working professionals from Uruguay every year. India and Uruguay have also extended support to each other on major international issues as well as India´s candidature to various UN and multilateral bodies.

Thus, GTTCI and Embassy of Uruguay are taking deliberate action today by launching the forum to extend the desire to increase interaction at the political level as well as in the areas of trade and investment, culture, tourism, agriculture etc. The audience was enthusiastic throughout the entire event. The event was remarkable followed by an interactive session and high tea.