New Delhi, Sept 21 (KNN) The India-LAC Business Conclave, to be organised this year will aim to provide a platform for investors from India and the LAC region to interact, network through  B2B meetings, understand the regional economic groupings in LAC and capitalize on the trade and investment prospects by aligning with them.

Delegations from 12 Latin American countries will be participating in the 6^th CII India-Latin American and Caribbean conclave to be held on October  8 and 9, 2015 here at Hotel Taj Palace.

The conclave being organised by CII in partnership with Ministry of Commerce and Industry and Ministry of External Affairs, Government of India will focus on the areas such as trade and investment; services; automobile; agriculture; chemicals and fertilizers; environment and climate change; engineering goods; electronics and electrical equipment; medical equipment; mining; and pharma and healthcare.

“The growing bilateral trade and investment volume between India and the LAC exemplifies the robustness in economic ties between both regions and the competitive business strength which prevails. This cooperation needs sustained institutional efforts, market penetration opportunities, promotion in export and joint ventures with key partners to mutually benefit trade and investment on both sides,” said CII.

The event will be an important opportunity for Indian and LAC business enterprises from diverse sectors to establish long-term economic partnerships and foster South-South Cooperation. (KNN Bureau)