The meeting took place days before the meeting of leaders in the G20, which will take place in the city of New Delhi, on September 9 and 10.
Sergio Massa’s meeting with Bhatia
“Ambassador Dinesh Bhatia met with Argentina’s Economy Minister Sergio Massa to review ongoing bilateral trade, investment and economic relations between India and Argentina. Both reaffirmed the commitment to deepen the economic partnership ahead of the G20 Summit in New Delhi”, reported the Twitter account of the Indian embassy in Argentina, which Massa replied.
Just three weeks ago, Massa had met with Bhatia, also in his ministry office, to advance trade deals.
As the minister officially stated, the purpose of that meeting was “increase national exports, open Argentina to the Indian pharmaceutical industry and promote productive investments in sectors such as information technology, automotive and agribusiness”.
“The bilateral economic relationship grew to make India our 4th trading partner and an important destination for our exports, such as in agribusiness, agriculture, biotechnology and the installation of a plant for medical use by INVAP in Mumbai,” Massa said in a Twitter message.
“The proposal of the Indian oil company @ONGCVideshLTD to develop areas together with YPF in Vaca Muerta and the increase in exports of Argentine proteins such as oils, pellets and beans, will create jobs in our country and attract much-needed foreign currency”, added.
India was the fifth destination for Argentine exports in 2022, with US$4,555 million, and the seventh in origin of imports, with US$1,849 million, so the trade between the two countries had a surplus of US$2,706 million on last year.
Meeting with Alberto Fernandez
Last week, the Indian diplomat had met with the president Alberto Fernandez in the Pink House.
Bhatia and Fernández analyzed together the agenda of the 18th G20 Summit of Heads of State and Governmentwhich will take place in New Delhi on September 9 and 10.
The Group of Twenty (G20) is the main forum for international economic cooperation, and plays an important role in shaping the global architecture and governance of international economic issues.