To achieve a target of USD 30 billion over the next few years, India is exploring new opportunities in the Pacific Alliance (PA) countries (Colombia, Chile, Mexico and Peru). For India, the Pacific Alliance member countries have become a regular source of crude oil, copper and gold imports.
“The Alliance reinforces our already valued partnership with the member countries. Our shared interests, complementarity of economies and expected benefits make it imperative that India and the PA continue to build partnerships,” said (Mrs) Gloria Gangte, Joint Secretary, LAC Division, Ministry of External Affairs.
“There is a great potential of the Pacific Alliance in the development of more South-South cooperation schemes,” the MEA official said in her virtual address.
She was speaking on “Pacific Alliance @10’’, jointly organised by the Embassy of Colombia which is holding the Pro Tempore Presidency of Pacific Alliance in collaboration with Ananta Aspen Centre.